PSP Investments' CEO Set to Retire at the End of Fiscal 2023
Michael Katz of Chief Investment Officer reports that PSP Investments' President and CEO, Neil Cunningham, will step down at the end of March 2023 after more than 19 years with the firm:The Public...
View ArticleCDPQ's Big Green Hydrogen Investment?
Francois Normand of Les Affaires reports the Caisse does a private placement in green hydrogen (translated from French):The Caisse de depot et placement du Québec (CDPQ) is joining forces with three...
View ArticleTop Funds' Activity in Q4 2021
Jacob Wolinsky of Forbes reports to beware trading based on 13F data which reveals a preference for tech stocks:There's no denying that the market has been particularly turbulent in recent months as...
View ArticleCalPERS Appoints Canadian Nicole Musicco as New CIO
Barbara Shecter of the Financial Post reports it's 'a big deal' as Canadian Nicole Musicco lands high-profile job as investment chief at US$480-billion CalPERS: A Canadian pension executive with a low...
View ArticleCAAT Pension's CEO on Saving Canada's Retirement System
In mid November, CAAT Pension Plan quietly made an announcement on how it is bringing the best of DB, DC, and Group RRSP to Canadian workplaces:The CAAT Pension Plan continues to enhance workplace...
View ArticleCDPQ Gains 13.5% in 2021
CDPQ released its results today, posting a 13.5% return in 2021, 8.9% over five years: In 2021, CDPQ posted its best absolute and relative returns since 2010 and produced over $10 billion in value...
View ArticleA Conversation With AIMCo's New Co-CIOs
Palash Ghosh of Pensions & Investments reports AIMCo appoints 2 co-chief investment officers:Sandra Lau and James Barber were named co-chief investment officers of Alberta Investment Management...
View ArticleOMERS Gains 15.7% in 2021
Today, OMERS announced a 15.7% net return and $16.4 billion in net income for 2021: OMERS, the defined benefit pension plan for municipal sector employees in the province of Ontario, today announced a...
View ArticleCPP Investments Bolsters European Renewable Energy Platform
Today, CPP Investments announced its support for Renewable Power Capital’s new investments in European onshore renewables:Renewable Power Capital (RPC) entering the Swedish market with 100%...
View ArticleWhy is OTPP Financing a Canadian Mining Project?
Ontario Teachers’ recently announced it is partnering up with Sprott in a US$225 million funding for a world class Canadian mining project: Ontario Teachers’ Natural Resources group has today partnered...
View ArticleCanadian Pensions Take a Public Stance on Russia
BCI put out a statement this week that it's actively working to sell remaining Russian securities:In response to the Russian invasion of Ukraine, BCI is actively working to sell the remaining Russian...
View ArticleBCI and Its Partners Acquire Reden Solar
Francois de Beaupuy reports Macquarie-led group to buy Reden Solar for $2.7 billion: A consortium led by Macquarie Group Ltd. agreed to acquire French solar farm developer Reden Solar SAS for an...
View ArticleIt's High Time We Fix The Gender Gap in Pensions
Margaret Franklin, president and CEO of the CFA Institute wrote an op-ed for CNBC back in November on why the gender gap in pensions is real and needs to be fixed:Women get paid less than men.In fact,...
View ArticleOPTrust Gains 15.3% in 2021, Remains Fully Funded
Benefits Canada reports that OPTrust posts 15.3% net return, driven by private equity investments: The OPSEU Pension Trust is reporting a net investment return of 15.3 per cent for 2021, a result...
View ArticleOTPP's Big Joint Venture To Develop UK's Oxford North
Today, OTPP's real estate subsidiary, Cadillac Fairview, entered into a joint venture with Thomas White Oxford and Stanhope to deliver Oxford North: Thomas White Oxford Ltd, the development company of...
View ArticleGloomy Like The 1970s?
Maggie Fitzgerald and Samantha Subin of CNBC report the Dow falls 200 points, notches its fifth straight week of losses as Russia-Ukraine war drags onThe Dow Jones Industrial Average fell on Friday and...
View ArticleOTPP Gains 11.1% in 2021
David Milstead of the Globe and Mail reports Ontario Teachers’ Pension Plan sees big gains in private assets, posts 11.1% return in 2021: Ontario Teachers’ Pension Plan rode big gains in private assets...
View ArticleCPP Investments' CEO On Tackling Climate Change Collectively
John Graham, President & CEO, CPP Investments, wrote a comment on why massive disruption requires collective efforts: The world is navigating disruption on a massive scale, playing out on virtually...
View ArticleHOOPP Gains 11.3% in 2021, Achieves 120% Funded Status
Today, the Healthcare of Ontario Pension Plan (HOOPP) announced its 2021 results, posting a return of 11.28% and achieving a funded status of 120%:The Healthcare of Ontario Pension Plan (HOOPP)...
View ArticleReal Estate's $1.1 Trillion Obsolescence Hurdle?
John Gittelsohn of Bloomberg reports that US office buildings are facing a $1.1 trillion obsolescence hurdle:One of the tallest office towers in St. Louis lost 96% of its appraised value. Denver’s...
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