The vast majority (84 per cent) of asset managers are either implementing or evaluating the sustainability of their portfolios, according to a survey by FTSE Russell. The results indicate a significant increase in the percentage of asset managers concerned about sustainability issues. In a similar survey from 2018, just 53 per cent of respondents had […]
The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning and borrowing platform. Alberta-based WestCap Group Inc. is the other co-lead investor in the funding round for Celsius Network, a blockchain-based investment platform aimed at high-net-worth retail and institutional investors. Read: AIMCo […]
Increasing yield for long-term government bonds and a flat credit spread through the third quarter of 2021 are driving up defined benefit pension liabilities, according to a new report by Aon. In the third quarter of 2021, long-term Government of Canada bond yields increased by 14 basis points while credit spreads remained largely unchanged. According […]
The Alberta Investment Management Corp. is co-investing in a commercial high-rise building in downtown Vancouver. Ownership in the 15,000 square-metre building will be shared with a fellow investor, Toronto-based commercial real estate and asset management firm Starlight Investments. Following the purchase, the building will continue to be occupied by employees of the federal government, which […]
While the return of two Canadians imprisoned in China since 2018 may lead the Canadian government to rethink its relationship with the world’s most populous country, the Chinese market will remain open to Canadian institutional investors, says Jia Wang, interim director of the China Institute at the University of Alberta. “There is an opportunity for […]
The Ontario Teachers’ Pension Plan is setting new targets to accompany its plan to tackle climate change and curb greenhouse gas emissions tied to its multi-billion dollar portfolio. The pension fund said it aims to slash the carbon emissions intensity of its investments by 45 per cent by 2025 and by two-thirds by 2030, compared to its […]
Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25 years as CEO. Simard will remain with Bâtirente as a special management advisor until June 30, 2022. Read: Bâtirente unveils new plan to optimize investments across all funds Since 2016, […]
The Public Sector Pension Investment Board is becoming a signatory on a diversity, equity and inclusion pledge. The pension fund joined 179 investment organizations in signing the Diversity in Action Initiative from the Institutional Limited Partners Association, an organization dedicated to advancing the interests of limited partner sponsors. Since its launch earlier this year, 11 other Canadian […]
Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to a new survey by two U.K.-based organizations. The study, by asset management firm Legal and General Investment Management Ltd. and fintech company Tumelo, found measures related to all levels of […]
The Ontario Teachers’ Pension Plan is appointing entrepreneur and venture capitalist Avid Larizadeh-Duggan to serve as the managing director of its Teachers’ Innovation Platform in Europe, the Middle East and Africa. In the new role, Larizadeh-Duggan will lead efforts to focus the platform on late-stage venture and growth equity investments in leading-edge technology companies based […]