A Paradigm Shift For Real Estate?
Matthew Haag of the New York Times reports Manhattan faces a reckoning if working from home becomes the norm:Before the coronavirus crisis, three of New York City’s largest commercial tenants —...
View ArticleIMCO's Big Stake in Apollo's New Fund
Christine Idzelis of Institutional Investor reports that Apollo took just two months to raise a credit fund that seeks to profit from tumultuous markets — and it got a swift and significant...
View ArticleTop Funds' Activity in Q1 2020
Jason Orestes of The Street reports Amazon is clearly what hedge funds are betting on these days:Amazon has been a major beneficiary of the Covid-19 chaos, and hedge funds have taken notice.The fastest...
View ArticleUS Public Pensions Less Than 60% Funded?
Steffan Navedo-Perez of Chief Investment Officer reports that Goldman Sachs estimates public pensions are now less than 60% funded on average:Average funding ratios for public pension funds have...
View ArticleCPPIB Gains 3.1% in Fiscal 2020
Pete Evans of CBC News reports CPP adds $17 billion to assets now worth more than $409 billion despite the pandemic:The Canada Pension Plan earned a return of 3.1 per cent after expenses during the...
View ArticleCAAT Pension Plan Gains 16% in 2019
Yaelle Gang of the Canadian Investment Review reports that CAAT pension plan returns 16% in 2019, well-positioned to weather coronavirus storm:The Colleges of Applied Arts and Technology pension plan...
View ArticleCan Money Printing Trump a Depression?
Fred Imbert of CNBC reports stocks extend losses ahead of Trump China news conference:The S&P 500 rose slightly on Friday, erasing losses earlier in the session, as traders breathed a sigh of...
View ArticleBlake Hutcheson is Now OMERS' New CEO
OMERS today made it official, announcing Blake Hutcheson the new CEO to continue global expansion:OMERS is pleased to announce the official appointment of Blake Hutcheson as President and CEO,...
View ArticleCDPQ's 2019 Annual Report
Caisse de dépôt et placement du Québec (CDPQ) just released its 2019 Annual Report:Caisse de dépôt et placement du Québec (CDPQ) today released its Annual Report for the year ended December 31, 2019, a...
View ArticleAIMCo's All Too Familiar Vol Blowup?
Brett Friedman, Managing Partner at Winhall Risk Analytics, sent me a guest comment titled, AIMCo, Allianz, and Malachite Capital: All Too Familiar:As Warren Buffet once said, “Only when the tide goes...
View ArticleIMCO Invests in European Bandwidth
The Investment Management Corporation of Ontario ("IMCO") and Stonepeak Infrastructure Partners announced a deal providing euNetworks €250 million of growth capital:euNetworks Group Limited...
View ArticleWall Street's Last Liquidity Orgy?
Fred Imbert of CNBC reports the Dow rallies 1,000 points for the first time since early April amid historic jobs surge:Stocks rallied on Friday after a historic and surprising gain in U.S. jobs raised...
View ArticlePrivate Equity's Moment of Truth?
David Wighton of Financial News reports after the Covid crisis, private equity faces a moment of truth:If private equity firms cannot clearly show outperformance of the stock market soon, surely even...
View ArticleReverse Alberta's Public Pension Changes?
Janet French of CBC News reports that an opposition bill seeks to reverse public sector pension changes in Alberta:An Opposition MLA is attempting to reverse changes the Alberta government made last...
View ArticleDefensive Strategies Help CNID and ATRF
Martha Porado of Benefits Canada reports on how defensive strategies played out for CN's pension and ATRF as markets crashed:When the coronavirus pushed equity markets off a cliff, Canadian defined...
View ArticleOMERS 2020 Webcast Annual Meeting
On April 8, OMERS hosted its 2020 Annual Meeting, held entirely through webcast. Over 600 members logged in to watch, which was by far the largest virtual audience we’ve ever had. The Chair of the OAC...
View ArticleThe Easiest Game You'll Ever Play?
Fred Imbert and Eustance Huang of CNBC report the Dow rises more than 400 points, but Wall Street clinches biggest weekly loss since March:Stocks rose on Friday in volatile trading as traders tried to...
View ArticleCalPERS' $80 Billion Leverage Plan?
John Plender and Peter Smith of the Financial Times report that CalPERS aims to juice returns via $80bn leverage plan:Calpers is to move deeper into private equity and private debt by adopting a bold...
View ArticleAustralianSuper Eyes Private Equity and Credit
Andreea Papuc and Adam Haigh of Bloomberg report that Australia's biggest pension fund eyes private equity and credit amid low rates:AustralianSuper, Australia's largest superannuation fund, is seeking...
View ArticleOPTrust Select Enrolls 1000 New Members
OPTrust just announced it has enrolled 1000 new members in OPTrust Select:OPTrust Select has welcomed 38 organizations and over 1,000 members have joined the defined benefit pension offering from...
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