Ontario Teachers To Acquire Telesat from PSP?
Alex Sherman of Bloomberg reports, Ontario Teachers’ Said in Lead for $7 Billion Telesat Deal:Ontario Teachers' Pension Plan is the front-runner to acquire Loral (LORL) Space & Communications...
View ArticleA Tribute to Jim Flaherty
Laura Payton of CBC News reports, Jim Flaherty, former finance minister, dead at 64:Jim Flaherty's colleagues, political opponents and friends are remembering him for his commitment to public service,...
View ArticleCanadians Heading for a Retirement Crisis?
Vanessa Lu of the Toronto Star reports, Canadians heading for a retirement income crisis:The warning bells have been clear, but they are growing increasingly louder: Canadians are not saving enough for...
View ArticleThe Big Unwind?
Matthew Boesler of Business Insider reports, The Big Unwind: Here's How Hedge Funds Drove The Brutal NASDAQ Selloff:Volatility has returned to the markets, and growth stocks in information technology...
View ArticleBridgewater's Dire Outlook For Pensions?
Lawrence Delevigne of CNBC reports, Outlook for pensions is pretty awful: Bridgewater:Here's a scary retirement prediction: 85 percent of public pensions could fail in 30 years.That's according to the...
View ArticleResurrecting Your Portfolio?
Marc Lichtenfeld, the Oxford Club’s Chief Income Strategist, wrote a great article last March, Three Simple Moves to Resurrect Your Portfolio:This week is a big one for the Jewish and Christian...
View ArticleHas Capitalism Failed The World?
Andrew Hussey of The Guardian writes, Occupy was right: capitalism has failed the world:The École d'économie de Paris (the Paris School of Economics) is actually situated in the most un-Parisian part...
View ArticleMichael Castor on Investing in Healthcare
Over the weekend, Dr. Michael Castor, Founder and Managing Portfolio Manager of SIO Capital Management, shared his thoughts with me on investing in healthcare (added emphasis is mine):Persons...
View ArticleCAAT Gains 13.9% Net in 2013
Benefits Canada reports, CAAT posts 13.9% return for 2013:The Colleges of Applied Arts and Technology (CAAT) Pension Plan reported a 13.9% net return for the year that ended on December 31, 2013.The DB...
View ArticleAIMCo Gains 12.5% Net in 2013
CNW reports, AIMCo Announces Strong Returns for Clients in 2013:Alberta Investment Management Corporation (AIMCo) is pleased to report a 14.0 % net rate of return on behalf of its balanced fund...
View ArticleWall Street's Secret Pension Swindle?
David Sirota of Salon reports on Wall Street’s secret pension swindle:In the national debate over what to do about public pension shortfalls, here’s something you may not know: The texts of the...
View ArticleConsultants Eating Up Funds of Funds?
Joshua Franklin and Simon Jessop of Reuters report, Fund of hedge funds face fight for cash with consultants:Funds that invest in a range of hedge funds are facing a battle to win new business, as the...
View ArticleLeo de Bever Leaving AIMCo?
Gary Lamphier of the Edmonton Journal reports, AIMCo to replace CEO Leo de Bever:Alberta’s big public sector pension fund manager is in the hunt for a new boss.Alberta Investment Management Corp....
View ArticleHiding Private Equity Details?
David M. Toll of Reuters PE Hub reports, NY Teachers’ shows off double-digit PE gains; won’t reveal details: The New York State Teachers’ Retirement System will tell you that its private equity...
View ArticleThe 1% and Piketty?
Jessica Desvarieux of The Real News Network interviewed Michael Hudson, distinguished research professor of economics at the University of Missouri-Kansas City and author of The Bubble and Beyond and...
View ArticleOntario Set to Launch the ORPP
Rob Ferguson of the Toronto Star reports, Ontario budget reveals details on new provincial pension plan:Ontarians who lack company pension plans will start paying up to 1.9 per cent of their income —...
View ArticleThe Big Alternatives Gamble?
David Sirota, staff writer for PandoDaily, reports, LEAKED: Docs obtained by Pando show how a Wall Street giant is guaranteed huge fees from taxpayers on risky pension investments:When you think of the...
View ArticleCaisse Hires Star to Head Up PE and Infrastructure
Hot off the presses, La Caisse takes a new step in the deployment of its investment strategy:La Caisse de dépôt et placement du Québec has taken a new step in the deployment of its investment strategy,...
View ArticleAuditor General Slams Public Pensions
Alex Boutilier of the Toronto Star reports, Harper government keeps details on public pensions secret from Auditor General:The federal government is withholding information from the Auditor General on...
View ArticleHedge Fund Managers Paid Too Much?
Rob Copeland and Christian Berthelson of the Wall Street Journal report, Hedge Funds Extend Their Slide:A bumpy trading environment is tripping up hedge funds.Big stumbles by some star managers drove...
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