With renewed volatility prompting money managers back on their toes, equity markets have been leading investment industry discussions over the past few quarters. Against this backdrop, how is fixed income, the other fundamental building block of defined benefit pension portfolios, faring? For David Lafferty, senior vice-president and chief market strategist at Natixis Investment Managers, the […]
In Africa, Asia, Latin America and the Middle East, pension funds are increasing their exposure to equities at the expense of fixed income, according to a new report by Mercer. In aggregate, over the five-year measurement period, average allocations to equities for the growth markets covered by the report rose eight percentage points to 40 per […]
Last spring, U.S. President Donald Trump tweeted that trade wars are easy to win. Last Friday, however, he tweeted the U.S. and China have really been in a trade war for the past three decades. Either way, tensions don’t seem about to diminish any time soon. So what do the latest skirmishes mean for institutional […]
A group of 55 New Zealand and global institutional investors representing more than NZ$5 trillion in assets under management have added their support to the Christchurch Call. The initiative, spearheaded by New Zealand Prime Minister Jacinda Ardern and French President Emmanuel Macron, was launched at a summit attended by world leaders in Paris on Wednesday. […]
The Caisse de dépôt et placement du Québec, through its investment platform with port and terminal operator DP World, is taking on a 45 per cent interest in DP World Chile, which operates terminals in Puerto Central and Puerto Lirquen. The terminals, which serve Chile’s main consumption and industrial centres, join a portfolio of ports […]
Fiera Capital Corp. and Natixis Investment Managers are entering a long-term strategic partnership that will establish Fiera Capital as Natixis’ preferred Canadian distribution platform. Through the partnership, Natixis has acquired an 11 per cent stake in Fiera Capital. “This partnership with Natixis will further strengthen Fiera Capital’s global leadership position as we continue to execute on […]
Foyston, Gordon & Payne Inc. is making changes to its global equity team. The organization has appointed John Di Re as associate portfolio manager. With 17 years of investment experience, Di Re was most recently a senior principal with sector expertise in health care and industrials at the Ontario Teachers’ Pension Plan. He also had a key role managing […]
As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real Estate Partners and Allianz Real Estate, the PSP is taking on the property, called Paul St. East, from Apache Capital Partners for more than $241 million. The acquisition is part of the Chapter […]
Since publicly listed equities usually make up the largest portion of institutional investor portfolios, it’s critical they aren’t left out of impact investing, said Deirdre Cooper, portfolio manager for global environment at Investec Asset Management Ltd. With the energy transition away from carbon-intensive sources already underway, a massive amount of capital still needs to be deployed to fully address […]
As the Brexit deadline of March 29 inches closer, markets remain uncertain about a resolution to the situation between the U.K. and the European Union. “The most astonishing element in all of this is that two-and-a-half years later, there’s almost no additional clarity on what we’re actually going to end up with,” said Peter Westaway, chief […]