The British Columbia Investment Management Corp., the AustralianSuper and two Dutch pension funds — APG and PGGM — are jointly establishing a responsible investing platform. The sustainable development investments asset owner platform, which will be available through distribution partner Qontigo, features standard and artificial intelligence-driven data that enables investors to assess companies on their contribution […]
The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of directors. “Emerging markets are core to CPP Investments’ long-term strategy,” she said in a press release. “We have been investing in emerging markets for over a decade and currently have […]
The increase in U.S. corporate debt issued in the wake of the coronavirus outbreak could be a warning signal to credit investors, according to a recent blog post by MSCI’s Research’s managing director, Andy Sparks, and executive director, Gergely Szalka. As many companies headed into the current crisis with an already heavy debt burden, new […]
In the second quarter of 2020, the funded positions of defined benefit plans recovered almost half of the losses incurred during the coronavirus crash of the first quarter, according to Mercer’s pension health index. The index, which represents the solvency ratio of a hypothetical DB pension plan, increased to 101 per cent at the end […]
The Public Sector Pension Investment Board is establishing a long-term strategic partnership with property and infrastructure firm Lendlease Corp. to develop an urban regeneration project in Milan. The Milano Santa Giulia mixed-use project has the long-term potential for up to 2,500 homes, alongside commercial office, retail and entertainment properties. It has also set a zero-carbon target and will […]
A consortium of investors, including the Caisse de dépôt et placement du Québec, private-equity firm TPG Capital and investment company Fosun International Ltd., is partnering with Investissement Québec to submit a proposal to acquire substantially all of the assets of Cirque du Soleil Entertainment Group, which has filed for bankruptcy protection. The deal is pending […]
A new report by a U.K.-based think tank is suggesting public policy should shift to allow pension plan investments to help bolster the country’s infrastructure needs. The report, by the Social Market Foundation, urged the government to foster the growth of fewer, but larger, pensions funds, with the scale to make major infrastructure investments. “Learning from Australia […]
Before physical distancing, pension plan sponsors typically held in-person meetings and site visits when allocating to new investment managers. “I like to look people in the eye when they’re telling me what they’re going to do,” says Blair Richards, chief executive officer of the Halifax Port ILA/HEA Pension Plan. “It’s very old school and it’s […]
The Canada Pension Plan Investment Board is building on its partnership with Lendlease Corp. with a further £85 million 50/50 co-investment in the U.K. residential real estate sector. The investment will go toward the building of 123 new build-to-rent homes in south London’s Elephant Park neighbourhood. It marks the second investment the organizations made together this year, […]
The vast majority (81 per cent) of global pension plan sponsors said they have allocations to some kind of climate change-related funds, according to a new survey from CREATE-Research. Specifically, when it comes to passive funds, 44 per cent of respondents said they allocated at least some of the passive segment of their portfolio to a climate change-related […]