Clik here to view.
Canada's Pensions Staying The Course?
Mark Machin, President & CEO of CPP Investments, updated Canadians telling them to take comfort, the CPP Fund is built for the long haul:As the head of CPP Investments, the organization that...
View ArticleClik here to view.
Coronavirus Slams Norway's Giant Fund
Terje Solsvik and Gwladys Fouche of Reuters report that a hedge fund manager to lead Norway sovereign fund after $124 billion loss:Norway’s sovereign wealth fund, the world’s largest, named a...
View ArticleClik here to view.
Canada's Top 10 Pensions in Big Trouble?
Zane Schwartz of The Logic reports Canada’s 10 biggest pension funds have lost an estimated $104 billion in public equity amid market chaos:When the S&P 500 closed at a record high on February 19,...
View ArticleClik here to view.
The Next Retirement Crisis?
Michael Santoli of CNBC reports the traditional retirement portfolio of stocks and bonds is down 20% for only the fourth time since WWII:The coronavirus crisis has punished the blameless across the...
View ArticleClik here to view.
Fully Funded OTPP Gains 10.4% in 2019
The Ontario Teachers' Pension Plan (OTPP) just released its 2019 results, gaining 10.4% for the year as net assets reach $207.4 billion at year-end 2019:Ontario Teachers’ Pension Plan Board (Ontario...
View ArticleClik here to view.
CDPQ Injects $4 Billion Into Quebec's Economy
Daniel J. Rowe of CTV News reports the Caisse de depot offers $4 billion for businesses affected by COVID-19 crisis:The Caisse de depot et placement du Quebec (CDPQ) is stepping up with some cash to...
View ArticleClik here to view.
US Pensions Take Big Coronavirus Hit
Aaron Brown, a former managing director and head of financial market research at AQR Capital Management and author of The Poker Face of Wall Street wrote a Bloomberg op-ed on how US pension funds will...
View ArticleClik here to view.
The Coronavirus Depression?
Fred Imbert, Silvia Amaro and Thomas Franck report the Dow drops more than 300 points to close out another wild week on Wall Street:Stocks fell on Friday to end another volatile week of trading,...
View ArticleClik here to view.
Michael Sabia's Return to Infrastructure Bank?
The Canadian Press reports that Canada Infrastructure Bank CEO Pierre Lavallée is out, Michael Sabia in as new chair as Liberals shake up infrastructure bank:The federal government is shaking up the...
View ArticleClik here to view.
Pandemic Hedge Fund Winners and Losers
Nathan Vardi of Forbes reports on the winning and losing hedge funds of the March pandemic:Pierre Andurand is an oil trader known for making big bets. His Andurand Capital hedge funds were coming off...
View ArticleClik here to view.
The Sustainable Capitalism Wake-Up Call
Gordon Power, chief executive and chief investment officer of Earth Capital, wrote an op-ed recently on how a more sustainable capitalism will emerge from COVID-19:The main concern that is paralysing...
View ArticleClik here to view.
AIMCo Gains 10.6% in 2019
The Alberta Investment Management Corporation (AIMCo) released its results for 2019, gaining 10.6% last year:Alberta Investment Management Corporation (AIMCo) announced today its financial results for...
View ArticleClik here to view.
The Tiger King Market?
Fred Imbert and Pippa Stevens of CNBC report the S&P 500 jumps more than 1%, capping off its best week since 1974:Stocks rose sharply on Thursday, wrapping up a big week of gains, after the Federal...
View ArticleClik here to view.
A Value-Based Approach to ESG Integration?
Mark Wiseman and Tariq Fancy wrote a comment for Pensions & Investments on how integrating ESG into investment portfolios improves performance:Interest in sustainable investing has surged around...
View ArticleClik here to view.
CalPERS’ Untimely Tail-Hedge Unwind?
Julie Segal of Institutional Investor reports on the inside story of CalPERS’ untimely tail-hedge unwind: The California Public Employees’ Retirement System had unfortunate timing. When markets crashed...
View ArticleClik here to view.
Does Private Equity Deserve Public Bailouts?
Steven Davidoff Solomon, director at the Berkeley Center for Law, Business and the Economy, wrote an op-ed for The New York Times looking into whether private equity deserves public bailouts;In the...
View ArticleClik here to view.
Public Pensions and the Pandemic
Earlier today, I watched a panel discussion moderated by Mark Wiseman on public pensions and the pandemic: The effects of COVID-19 are being felt across every aspect of our economy and lives. What are...
View ArticleClik here to view.
The Great Market Disconnect?
Fred Imbert of CNBC reports the Dow jumps 700 points on hope for a coronavirus treatment, closes at highest level since March:Stocks surged on Friday after a report said a Gilead Sciences drug showed...
View ArticleClik here to view.
Here Come The US Pension Bailouts?
Mary Williams Walsh of the New York Times reports that Illinois is seeking a bailout from Congress for its pensions and cities:Illinois needs more than $40 billion in relief from the federal government...
View ArticleClik here to view.
CPPIB, OTPP and PSP Complete Big Deals
Ted Liu of Private Capital Journal reports CPPIB and OTPP complete 40% stake acquisition in IDEAL:Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan Board (OTPP) have...
View Article