Money managers – Benefits Canada.com

UPP selects CIBC Mellon for investment operations, pension plan member services

Jennifer Paterson — Tue, 27 Jul 2021 13:00:03 +0000

The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk, compliance and pension benefit payment services. The jointly sponsored pension plan, which was launched on July 1, currently covers employees at Queen’s University, the University of Guelph and the University of Toronto, with […]

The post UPP selects CIBC Mellon for investment operations, pension plan member services appeared first on Benefits Canada.com.

It’s time to revolutionize how investment firms are paid

mschmit — Wed, 06 Jan 2021 06:12:53 +0000

Investment management is an unusual business in that it doesn’t typically offer customers their money back if they’re unsatisfied with the product or service. This seems strange given how easily and objectively we can measure value added or destroyed. Of course, demanding a refund for poor investment performance may be more complicated than returning a […]

The post It’s time to revolutionize how investment firms are paid appeared first on Benefits Canada.com.

Who are the winners of the inaugural Pension Leadership Awards?

mschmit — Mon, 07 Dec 2020 04:45:38 +0000

During the virtual 2020 Defined Benefit Investment Forum on Thursday, the Canadian Investment Review announced the winners of its inaugural Pension Leadership Awards. The winners are: Investment governance award — Concordia University pension plan Sustainable investing award — Bâtirente Chief investment officer of the year — Julie Cays, the Colleges of Applied Arts and Technology pension plan DC investment […]

The post Who are the winners of the inaugural Pension Leadership Awards? appeared first on Benefits Canada.com.

Franklin Templeton appoints new SVP of institutional investing for Canada

mschmit — Mon, 23 Nov 2020 11:00:36 +0000

Franklin Templeton Canada is appointing Andrew Forsyth as senior vice-president of institutional investment services. “We are excited to have Andrew on board to deepen our client relationships in the institutional space, while continuing to serve his current clients,” said Bill Tsotsos, head of institutional investments for Franklin Templeton, in a press release. Read: Franklin Templeton awarded for holistic […]

The post Franklin Templeton appoints new SVP of institutional investing for Canada appeared first on Benefits Canada.com.

AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

mschmit — Fri, 09 Oct 2020 04:45:47 +0000

The Alberta Investment Management Corp. is hiring Amit Prakash as its first chief investment strategy officer. “The CISO will specifically focus on ensuring that AIMCo’s investment offerings and platform are in close alignment with the evolving needs of our clients and the changing macro environment,” said the organization in a social media post. Prakash, who joined […]

The post AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role appeared first on Benefits Canada.com.

Mark Carney to head ESG, impact investing at Brookfield

mschmit — Wed, 26 Aug 2020 11:15:32 +0000

Brookfield Asset Management Inc. is appointing Mark Carney as vice-chair and head of environmental, social and governance and impact fund investing. Carney is currently the United Nations’ special envoy for climate action and finance, and was formerly governor of the Bank of Canada and the Bank of England. He has long advocated for action on climate change. Read: CPPIB and Brookfield compete […]

The post Mark Carney to head ESG, impact investing at Brookfield appeared first on Benefits Canada.com.

Majority of asset owners satisfied with portfolio performance in 2020 so far: survey

mschmit — Wed, 26 Aug 2020 05:30:18 +0000

Coming out of the fastest market crash in history, asset owners are cautiously optimistic heading into a vastly changed investment landscape, according to a new survey by bfinance. Indeed, 82 per cent of surveyed asset owners, including pension funds, endowments and sovereign wealth funds, said they’re satisfied with how their portfolios have performed so far […]

The post Majority of asset owners satisfied with portfolio performance in 2020 so far: survey appeared first on Benefits Canada.com.

Guardian Capital acquiring majority interest in U.S. investment manager

mschmit — Mon, 17 Aug 2020 11:00:12 +0000

Guardian Capital Group Ltd. is acquiring a 70 per cent interest in U.S.-based investment management firm Agincourt Capital Management. The acquisition, which is expected to add almost US$7 billion to Guardian’s assets under management, aims to further diversify the firm’s assets under management by geography and investment solutions. “We’re very pleased to partner with the […]

The post Guardian Capital acquiring majority interest in U.S. investment manager appeared first on Benefits Canada.com.

Mawer shakes up equity strategies management team

mschmit — Tue, 07 Jul 2020 11:30:59 +0000

Jim Hall is stepping down as co-manager of Mawer Investment Management Ltd.’s Canadian and global equity strategies to focus his full attention on his responsibilities as chair of the firm’s board of directors, effective Jan 1. 2021. Paul Moroz, who currently co-manages the global equity strategy alongside Hall, in addition to his role as chief […]

The post Mawer shakes up equity strategies management team appeared first on Benefits Canada.com.

Mawer appoints new leader of fixed income strategies

mschmit — Thu, 28 May 2020 11:30:19 +0000

Mawer Asset Management Ltd. is appointing Crista Caughlin as lead manager of Canadian bond, global bond and Canadian money market strategies. Caughlin, who joined Mawer in May, will take over in July from the firm’s chief investment officer Paul Moroz, who’s been acting as interim co-manager of fixed income strategies. He’ll continue to act as […]

The post Mawer appoints new leader of fixed income strategies appeared first on Benefits Canada.com.