The British Columbia Investment Management Corp. is buying a stake in U.K.-based investment analytics provider ClearMacro Ltd. The company provides analytics tools designed for asset managers and other professional investors. “BCI has, in recent years, firmly established our in-house investing capabilities across asset classes,” said Mihail Garchev, vice-president of total fund management at the BCI, in a press […]
China’s markets are reeling from the economic ramifications of the coronavirus. With more foreign institutional investor capital allocated to the region than ever before, investors can do little else but wait to see whether the outbreak will merely cause a blip on their trading screens or if the virus will continue to spread. On Monday […]
Trading volume for exchange-traded funds is rising. And as such, more ETF trades are flowing through trading desks. For ETFs with underlying securities that have different characteristics than equities, such as credit instruments or fixed income, it’s sometimes unclear who should be handling these transactions, according to a report by Greenwich Associates based on interviews […]
Canadian defined benefit pension plans returned a median 2.52 per cent for the fourth quarter of 2019, reflecting an improved economic outlook for investors, according to BNY Mellon Asset Management Canada Ltd. Its Canadian master trust universe, which is based on 84 Canadian corporate, public and university pension plans, reported a one-year median return of […]
Canadian defined benefit plans posted a median return of 13.6 per cent for 2019, according to Northern Trust Canada’s pension universe. North American equities led the way to double-digit returns for the year, with 1.9 per cent gains in the final quarter of the year, outpacing 1.6 per cent returns in the previous quarter. “Despite […]
Discovering moments of mispricing is the soul of generating active returns, says Wylie Tollette executive vice-president of client portfolio solutions at Franklin Templeton Investments. But some investors, eager to discover opportunities to add alpha to their portfolio mix, may accidentally harness so many sources that their efforts to diversify actually hinder the benefits of doing […]
The Quebec government has selected a relative newcomer at the Caisse de dépôt et placement du Québec to succeed Michael Sabia as its new head. Charles Émond is poised to take over as president and chief executive of the province’s pension fund manager. He moves up from his role at the Caisse as senior vice-president overseeing […]
The British Columbia Investment Management Corp. is acquiring a significant minority stake in Waterlogic, a company that designs, manufactures, distributes and services purified drinking water dispensers. The investment is providing Waterlogic with capital to support growth and become a leader in bottleless workplace hydration. “We are pleased to be working alongside a talented management team […]
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 […]
In the past, Canadian investors may have seen emerging market indices as too heavy on materials and energy companies, which are also well-represented in North American indices and would over-expose them to those sectors. But in fact, technology and consumer themes are playing an increasing role in emerging markets, says Nicole Vettise, senior vice-president and institutional […]