investment management – Benefits Canada.com

Expert panel: Climate change putting spotlight on ESG issues for pension plans

mdunne — Tue, 19 Oct 2021 13:00:27 +0000

The images of floods, forest fires and heat waves over the past few years is putting climate change front of mind for many, including pension plan sponsors and administrators. It’s become increasingly clear that environmental, social and governance factors are emerging as an important area of concern for pension plan administrators and, by extension, the […]

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AIMCo, Alberta Teachers’ investment agreement aligning interests of both organizations

bwolfe — Tue, 14 Sep 2021 16:00:36 +0000

The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several months of negotiations. According to a press release from the Alberta Teachers’, the agreement ensures the teachers’ board maintains full control over the strategic investment policy for the pension plans’ […]

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AIMCo, Alberta Teachers’ sign investment management agreement

Gideon Scanlon — Thu, 09 Sep 2021 13:30:36 +0000

The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The agreement will see the Alberta Teachers’ assets, valued at $19.1 billion in its 2020 annual report, transferred to the custody of the AIMCO. According to Rod Matheson, the Alberta Teachers’ […]

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AIMCo names James Barber as EVP, public equities

bwolfe — Thu, 08 Jul 2021 13:00:24 +0000

The Alberta Investment Management Corp. is appointing James Barber as executive vice-president of public equities, effective July 14. He joins the AIMCo from AMP Investment Partners, where he was co-founder and managing partner. Previously, Barber served as chief investment officer of equities at Russell Investments and held roles at SEI Investments Co. in the U.K. […]

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Pension sponsors have fiduciary responsibility to consider climate change: webinar

bwolfe — Fri, 28 May 2021 13:10:20 +0000

Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits and executive compensation at McCarthy Tétrault LLP, during a webinar hosted by the Canada Climate Law Initiative and the Canadian Pension & Benefits Institute. “The failure of plan administrators and […]

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Caisse investing in wireless communications, BCI in Chile timber

bwolfe — Fri, 21 May 2021 13:00:13 +0000

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 […]

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UAPP withdrawing $2.7BN public equities portfolio from AIMCo

bwolfe — Tue, 18 May 2021 13:00:41 +0000

The Universities Academic Pension Plan is withdrawing control of its $2.7-billlion public equities portfolio from the Alberta Investment Management Corp. The withdrawal comes following ongoing discussions at the UAPP about the AIMCo’s public equities strategy and the investment manager’s volatility trading program that was wound down in 2020, says Geoffrey Hale, chair of the UAPP’s […]

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AIMCo appointing Evan Siddall as CEO

bwolfe — Fri, 16 Apr 2021 13:00:30 +0000

The Alberta Investment Management Corp. is appointing the former head of the Canada Mortgage and Housing Corp. as its next chief executive officer. The investment manager said Evan Siddall (pictured) will officially start the job on July 1. He’ll succeed Kevin Uebelein, who has been CEO of the AIMCo since Jan. 1, 2015. Uebelein remains the CEO until June 30 and […]

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Ontario Teachers’ appointing Tim Deacon as chief financial officer

bwolfe — Fri, 26 Mar 2021 11:00:34 +0000

The Ontario Teachers’ Pension Plan is appointing Tim Deacon (pictured) to succeed David McGraw as the plan’s new chief financial officer, effective April 19. He joins the Ontario Teachers’ after serving as group controller and global chief accounting officer at Manulife Financial Corp. Prior to that, Deacon was CFO of Manulife’s global wealth and asset management businesses […]

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Canada Post appointing Irshaad Ahmad as CIO, VP of pension fund

bwolfe — Wed, 10 Mar 2021 05:00:32 +0000

Irshaad Ahmad is now serving as Canada Post Corp.’s chief investment officer and vice-president of the Crown corporation’s pension fund. He joined Canada Post in February and brings more than 30 years of investment experience to the role, after serving as managing director and head of institutional Europe at Allianz Global Investors. Prior to that, […]

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