It isn’t an easy time to be a fixed income investor. After a volatile year that included a severe liquidity squeeze in the spring of 2020, Sandra Lau, executive vice-president of fixed income at the Alberta Investment Management Corp., says many different measures now suggest the bull market for fixed income is officially over and […]
The future will increasingly favour institutional investors that can break old patterns of thought. As we move forward and industries and new technologies converge at an increasing rate, the need for a shift in mindset is imperative. One way we believe this to be possible in investing is through a multi-disciplinary approach. Read: Can machine learning […]
The Public Sector Pension Investment Board is reporting a net return of 18.4 per cent in fiscal 2021. As of March 31, 2021, the PSP had $204.5 billion in net assets under management, up 20.4 per cent from $169.8 billion at the end of the previous fiscal year. The PSP also reported a 10-year annualized […]
Representatives from eight of Canada’s largest pension funds — known as the Maple Eight — participated in the first meeting of the Sustainable Finance Action Council last week. On June 11, representatives of the Alberta Investment Management Corp., the British Columbia Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension […]
As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are backing a slate of alternative directors. The company announced Wednesday that three candidates nominated by a dissident group of shareholders, called Engine No. 1, had been elected to its board […]
The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain conditions. Hexavest, which is based in Montreal, manages $5 billion in assets. The majority of its approximately 50 clients are institutional investors from Canada, the U.S., Australia and Asia. In […]
As the era of cap rate compression draws to a close, how can institutional investors maintain the outsized returns they’ve enjoyed for over a decade? Over the past 15 years, the growing popularity of real estate in institutional investment portfolios has increased against the backdrop of a sustained decline in yields, called cap rate compression. […]
The Caisse de dépôt et placement du Québec is one of two organizations investing a total US$940 million in Phoenix Tower International, a U.S.-based wireless communications infrastructure provider. The investment will fund the company’s expansion in Europe as well as further growth in new and existing markets. The other investor is AMP Capital, an Australia-based […]
With the global psychedelic drugs market projected to grow at a compound annual growth rate of 12.36 per cent between 2021 and 2027 to a value of US$10.75 billion in 2027 and the world’s first psychedelic exchange-traded fund launched in Canada at the start of the year, should institutional investors be taking notice? Read: Is it […]
Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named Barbara Zvan, inaugural president and chief executive officer of the University Pension Plan, and Kim Thomassin, executive vice-president and head of investments in Quebec and stewardship investing at the Caisse […]