The Public Sector Pension Investment Board, along with Aviva Investors, is buying Galleri K, a real estate asset in Copenhagen, Denmark. The four-story building, which includes retail and leisure space, office space, storage and parking, is currently leased to many national and international brands. The deal builds on past co-investment partnerships between PSP Investments and […]
The Ontario Teachers’ Pension Plan is selling minority interests of its indirect stake in the Brussels Airport to Japan’s Government Pension Investment Fund and NSW Treasury Corp., or TCorp, the financial services provider used by the New South Wales public sector in Australia. The Ontario Teachers’ remains the largest individual shareholder in Brussels Airport. “As a […]
Investors are waiting for some of the conflicts causing global uncertainty to be resolved. But will they get their wish in 2020? “We’re entering the year, the decade, on pretty unstable footing,” said Dawn Desjardins, vice-president and deputy chief economist at the Royal Bank of Canada, during the keynote session at the Canadian Investment Review’s 2019 […]
Despite continued strong markets, global institutional investors are apprehensive about what 2020 has in store, with more than half of survey respondents saying they think the next global financial crisis will hit within one to three years, according to a new survey by Natixis Investment Managers. The survey, which polled 500 institutional investors, including 145 […]
About three-quarters (73 per cent) of global institutional investors ranked interest rates as a key portfolio risk, according to a new survey by Natixis Investment Managers. The survey, which polled 200 chief investment officers and investment team members at life, property and casualty and reinsurance companies in Asia, Europe and North America, found concerns about […]
Canada has learned a lot from the U.K. Diversified growth funds, which began crossing the pond in 2008, are the latest import. But the funds still haven’t gained much traction over the last decade, though they do offer pension plans another option in their portfolio. A diversified growth fund is a fund that targets a […]
The majority (70 per cent) of global institutional investors agree that sustainability will play a more important role in investments over the next five years, according to a new survey by Schroders. The survey, which polled 650 investors responsible for US$25.4 trillion under management, found this response was most prevalent in Europe (84 per cent) and Asia Pacific […]
Globally, institutional investors are shifting more of their assets to an environmental, social and governance-based approach, with year-over-year increases in Canada, the U.S. and the U.K., according to a new survey by RBC Global Asset Management. Regionally, the percentage of survey respondents that reported using ESG principles “significantly” as opposed to “somewhat” rose slightly in […]
The Canada Pension Plan Investment Board is investing in Axel Springer, a European digital publisher that’s active in more than 40 countries. The investment is through the pension fund’s wholly-owned subsidiary CPPIB Europe, alongside funds advised by KKR. The offer, at 63 euros per share, was made this past June in partnership with Axel Springer’s major shareholders, Friede Springer and Mathias Döpfner, […]
When investing in Brazil, what considerations should institutional investors keep in mind? And how can the market fit into a pension portfolio? One issue to watch is pension reform, said Heather Hagerty, a research analyst at Fidelity Investments, during the Canadian Investment Review‘s podcast “Pension Podcast.” “Brazil is one of only a small number of […]