HOOPP's Smartest Guy in the Room?
Barbara Shecter of the National Post reports on the smartest guy in the room: How a pension guru worked his magic, beat the market and saved Home Capital:There are seminal moments in any career and Jim...
View ArticleDoug Ford’s Gravy Train Hits IMCO?
Ontario's New Democrats are accusing Finance Minister Rod Phillips of political patronage:In one of his first acts as Finance Minister, Rod Phillips appointed one of his major donors and long-time...
View ArticleCalPERS to Divest From Private Prisons?
Chief Investment Officer reports CalPERS board member and State Controller Betty Yee says it may be time for the retirement system to cut its holdings in companies running private prisons, a major...
View ArticleBCI's Recent Private Equity Deals
British Columbia Investment Management Corporation (“BCI”) and ATL Partners (“ATL”) recently announced that they have acquired Valence Surface Technologies, the largest independent aerospace surface...
View ArticleCalPERS Strikes Gold in Gatwick Airport
Randy Diamond of Chief Investment Officer reports that CalPERS strikes gold in Gatwick Airport investment:The value of the 10% investment the California Public Employees’ Retirement System (CalPERS)...
View ArticleOMERS Scouting India's Clean Energy Sector
Utpal Bhaskar of livemint reports Canada’s pension fund OMERS seeks new green energy deals:Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS) is scouting for acquisition...
View ArticleMore on IMCO's Board Shakeup
Robert Benzie of the Toronto Star reports that Ford’s chief of staff orchestrated pension board shakeup the day before he resigned:The day before he resigned as Premier Doug Ford’s chief of staff amid...
View ArticleWhat Makes a Good Risk Manager?
Mark Hughes, Retired Group Chief Risk Officer at the Royal Bank of Canada, wrote a nice white paper for the Global Risk Institute on what makes a good risk manager:The scope of the “risk manager” role...
View ArticleA Summer Melt-Up in Stocks?
Fred Imbert of CNBC reports that the S&P 500 and Nasdaq hit fresh record high as Alphabet and Twitter gain on earnings:Stocks rose on Friday after strong earnings from big tech companies such as...
View ArticleCPPIB, CDPQ Vying for GIP's HC1 Portfolio
Swaraj Singh Dhanjal of Mint reports that two Canadian pension funds are left in the race for GIP’s roads portfolio:Pension funds Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et...
View ArticleDid Canada's PM Direct CPPIB to Invest in India?
Louis Baudoin-Laarman of AFP Canada reports that Justin Trudeau did not direct Canada’s pension fund investments to India:A post claims that Prime Minister Justin Trudeau “took” two billion dollars...
View ArticleGrowing Frustration With Canada Infrastructure Bank
Bill Curry of the Globe and Mail reports that Canada Infrastructure Bank executive Nicholas Hann resigned amid growing industry frustration with pace of project approvals:The head of investments at the...
View ArticleBCI Gains 6.1% in Fiscal 2019
The British Columbia Investment Management Corporation (BCI) announced an annual combined pension return, net of costs, of 6.1 per cent for the fiscal year ended March 31, 2019, versus a combined...
View ArticleTrade Wars Slam Stocks?
Fred Imbert of CNBC reports stocks fall on trade war fears, sending the S&P 500 to its worst week of 2019:Stocks fell on Friday as President Donald Trump stoked U.S.-China trade fears with the...
View ArticleGPIF Reveals its New Fee Structure
Michael Katz of Chief Investment Officer reports that Japan's GPIF just revealed its new fee structure:Japan’s $1.48 trillion Government Pension Investment Fund (GPIF) has created a new...
View ArticleOTPP, AustralianSuper Invest in India's NIIF
The National Investment and Infrastructure Fund (NIIF) of India just announced that AustralianSuper, Australia’s largest superannuation fund, and Ontario Teachers’ Pension Plan have each signed...
View ArticleAmerica’s Pension Funds Fell Short in 2019
Heather Gillers of the Wall Street Journal reports that US pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to...
View ArticleUK's RPMI Railpen Aims to Boost Private Debt
Marianna Duarte de Aragao of Bloomberg reports that one of the UK’s largest pension funds, which oversees the retirement assets of 350,000 British railworkers, is betting on private credit to help...
View ArticleBrace For a Bumpy Ride Ahead?
Fred Imbert of CNBC reports that stocks fall on renewed trade war fears as Wall Street concludes volatile week:Stocks fell on Friday as Wall Street concluded a wild week amid trade war fears and...
View ArticleIllinois Running Out of Pension Time?
Mike Riggs of Reason spoke with Illinois Policy Institute's Adam Schuster about how to fix the state's pension debt crisis:Illinois is running out of time to fix its public sector pension problem. A...
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