The recent federal election highlighted interest in climate change, as well as the potential impacts on communities and the population, with the issue No. 1 or 2 in priority for most voters. Climate change is one of a broader set of environmental, social and governance issues percolating through the investment world right now. ESG, or […]
The Caisse de dépôt et placement du Québec is investing a further US$75 million in Azure Power Global Ltd., an independent solar power developer in India. Once the deal is approved by Azure shareholders, the investment will raise the Caisse’s stake in the company, from 41.4 per cent to 49.4 per cent. In October 2018, […]
The Canada Pension Plan Investment Board has dramatically increased its investments in renewable energy companies, from $30 million in 2016 to $3 billion as of June 2019, according to its annual sustainable investing report. The substantial increase is part of the fund’s expanded climate change program. “We have a number of groups involved in efforts […]
Globally, 10 per cent of mining companies’ tailings dams have experienced stability issues, according to an analysis by a group of global institutional investors representing US$13.5 trillion in assets. The investor group, which includes pension funds and other institutional investors led by the Church of England Pensions Board and the Council of Ethics of the […]
New research from Greenwich Associates has found that institutional players have allocated US$47 billion to liquid alternative exchange traded funds, comprising a fair chunk of their allocation to liquid alternatives overall, which comes to US$882 billion. That said, only about one in 10 institutions have experience investing in liquid alternative ETFs. “However, about the same […]
The Ontario Municipal Employees Retirement System, through OMERS Growth Equity, is leading a $227 million Series-F funding round for intelligent and predictive search technologies provider Coveo. Founded in 2005, Coveo enables organizations to personalize digital experiences for customers, partners and employees. It combines unified search, analytics and machine learning to deliver relevant information and recommendations […]
As market uncertainty causes a slowdown in Europe’s economy, an accommodating central bank and negative interest rates are making its bond markets more attractive to institutional investors than those in the United States. “Europe is a very export-led economy and Germany, in particular, is driven by exports to the rest of the world,” said Rod […]
The Public Sector Pension Investment Board and Aviva Investors are teaming up to invest £250 million in a commercial property in Cambridge, U.K. The agreement marks the second time the two organizations have teamed up on a real estate investment. In 2015, they invested in a portfolio of commercial properties in central London, currently valued at more than £400 million. […]
While markets remain in the longest bull run in history, worries abound that the party has to come to an end. “Interest rates have been so low for so long, they’ve become the new normal,” said Mark Machin, president and chief executive officer of the Canada Pension Plan Investment Board, at an event hosted by […]
Governments in Asia are stepping up their pension reforms to boost retirement savings adequacy, potentially generating business opportunities for asset managers operating in the region. Retirement income security is a top concern for Asian governments, noted a press release from Cerulli Associates. In response to aging and other pension challenges in the region, governments are amending […]