Cadillac Fairview, the real estate investment arm of the Ontario Teachers’ Pension Plan, is launching a mobile app to help people use its shopping centres more safely and efficiently. The app, called LiVE, provides users with a comprehensive mall directory, giving them navigation cues to help them plan the most efficient shopping routes. It also […]
Canadian institutional investors are operating in a landscape that has changed dramatically since the initial market and policy reactions to the coronavirus pandemic. “A lot has changed over the last five to six months,” said Michael Sager, vice-president and client portfolio manager for multi-asset and currency management at CIBC Asset Management Inc., during a webinar hosted […]
The Caisse de dépôt et placement du Québec is introducing a new structure to maximize its impact in technology. The integrated approach aims to leverage technology for performance, both in investment and risk management activities, as well as in transforming the organization. “For many years now, CDPQ has made the integration of disruptive technology a strategic priority,” […]
Investors were already feeling the pressures of historically low interest rates. Then came the coronavirus pandemic. The Bank of Canada cut its overnight interest rate at the end of March to an all-time low of 0.25 per cent and announced a plan to spend $5 billion per week on Government of Canada bonds. This came […]
Factor investing is a style of management that aims to harvest the common traits of a group or basket of securities that helps inform their risk and return potential. “When we talk about factors, we’re really talking about common characteristics that securities, such as stocks or bonds, share,” says Mo Haghbin, chief operating officer of […]
Quebec-based pension fund Bâtirente reached $764.3 million in assets under management as of Dec. 31, 2019, an increase of 15.6 per cent on the previous year, according to its latest annual report. The fund also boasted 22,861 plan members in 2019 — a growth of 4.9 per cent over 2018 — from 318 organizations across […]
The volatility caused by the coronavirus pandemic made the first quarter of 2020 rough for many Canadian defined benefit pension plans. In early June, the Local Authorities Pension Plan Corp., which is mandated to invest with the Alberta Investment Management Corp., said it began the year with $50.6 billion in assets under management and ended the […]
The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ Pension Plan, and Michael Sabia, […]
Vestcor Investment Management Corp. returned 11.76 per cent in 2019, with total assets under management rising to $18.5 billion, according to its 2019 annual report. The organization, which manages the investment and administration for several of New Brunswick’s public sector pension plans, said the long-term annualized gross pension fund return since it began its business […]
The Investment Management Corp. of Ontario has sold its interest in Spanish electricity provider Viesgo to funds managed by Macquarie Infrastructure and Real Assets. Prior the sale, the IMCO and MIRA collectively owned 60 per cent of Viesgo, while Wren House Infrastructure Management Ltd. owned the remaining 40 per cent. The initial investment in Viesgo was part of legacy client strategies […]