New Brunswick's Pensioners Declare War?
The CBC reports, 'There will be war' over pension changes, retirees warn:Opposition to proposed pension reforms continued to gather strength on Thursday afternoon as Finance Minister Blaine Higgs met...
View ArticleLeo de Bever on Imagining a Better Future
Had a chance to speak with Leo de Bever yesterday morning. Leo is the President, CEO and CIO of the Alberta Investment Management Corporation (AIMCo) and one of the smartest people in the investment...
View ArticleCaisse Betting on Multi-Family Real Estate?
Arleen Jacobius of Pensions & Investments reports, Quebec pension fund invests in U.S. multifamily real estate:Ivanhoe Cambridge — the real estate arm of the C$35 billion Caisse de Depot et...
View ArticleHow Australia Fixed a Retirement Crisis?
Dan Kadlec of Time Magazine reports, Mandatory Savings: How Australia Fixed a Retirement Crisis:We can learn a lot about staying on top of our long-term financial security by studying the land down...
View ArticleTeachers Put Hedge Funds in Detention?
Chris Tobe, founder of Stable Value Consultants, wrote an article for MarketWatch, Teachers put hedge funds in detention:The Wall Street Journal reported last week that “the American Federation of...
View ArticleSqueezing Retirees Into Pension Poverty?
Jessica Silver-Greenberg of the NYT reports, Loans Borrowed Against Pensions Squeeze Retirees (h/t, Suzanne Bishopric):To retirees, the offers can sound like the answer to every money worry: convert...
View ArticleCaisse's 2012 Annual Report
The Caisse de dépôt et placement du Québec released its 2012 annual report in English late last week. Among other things, this report includes analyses of performance, risk management, and changes in...
View ArticleThe CAAT and OPTrust Edge?
The Canada Newswire reports, Fully-funded OPTrust achieves 10.1% investment return in 2012:The OPSEU Pension Trust (OPTrust) today reported gross investment results of 10.1% for 2012, surpassing both...
View ArticleDog Days For Hedge Funds?
Sam Jones of the Financial Times reports, Dog days for hedge funds forced to cut fees:The definition of a hedge fund, people used to joke, was a fee structure in search of an investor to...
View ArticleCanada's New Central Banker?
Barrie McKenna and Tavia Grant of the Globe and Mail report, Stephen Poloz: New Bank of Canada governor attains lifetime ambition:It’s the job he has coveted since the early 1980s when he was a...
View ArticleCPP Expansion Bad News For Canadians?
Dan Kelly, president of the Canadian Federation of Independent Business (CFIB), wrote an op-ed for the National Post, Why a CPP expansion is bad news for Canadians:Late last year, federal and...
View ArticlePSP Investments Bets Big on Airports?
Bertrand Marotte of the Globe and Mail reports, PSP Investments buying Hochtief airports unit for $1.4-billion:Canada’s Public Sector Pension Investment Board is buying the airports unit of...
View ArticleBrazilian Pension Funds Go Global?
Joseph Leahy of the Financial Times reports, Brazilian pension funds go global:As little as a year ago, Brazil’s greatest concern was the currency war – a tsunami of international funds that it...
View ArticleFunds Doubling Down on Distressed Debt?
Leanna Orr of aiCIO reports, Oregon Doubles Down on Distressed Debt via Apollo & Lone Star: Who says US public funds can't get anything done?In one morning, the five-member Oregon Investment...
View ArticleReturn of Private Equity Giants?
Steve Miller of Forbes reports, With LBOs Scarce, Private Equity Firms Turn to Dividend/Recaps:It’s no secret that dividend recaps are again a major theme in leveraged finance this year. Private equity...
View ArticleBonds Hear Bubble Echoes?
Richard Barley of the Wall Street Journal reports, Bonds Hear Bubble Echoes:The squeeze is on. Persistently low yields on safe-haven government bonds and ultra-loose central-bank policy are pushing...
View ArticleCanadian Model Full of Hot Air?
Alec MacFarlane of Financial News reports, Canadians continue UK push with Civica buyout:The private equity arm of one of Canada’s largest pension funds has fended off bids from two of Europe’s largest...
View ArticleOntario Teachers' New Alpha Chief?
Janet McFarland of the Globe and Mail reports, Ron Mock ascends to the top of Ontario Teachers' Pension Plan:Ron Mock has completed his rise from the ashes of collapsed hedge fund firm Phoenix Research...
View ArticleIs Real Estate The Best Asset Class?
Barry Critchley of the National Post reports, After 20 years, real estate as part of pension funds still solid:Two decades on, Stan Hamilton and Robert Heinkel, both from the University of British...
View ArticleCPPIB Up 10.1% in FY 2013
Janet McFarland of the Globe and Mail reports, CPP fund returns top 10 per cent:The Canada Pension Plan fund rode a wave of strong gains in foreign stock markets to push its investments up by 10.1 per...
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