What Does the Big US Jobs Miss Signal For Stocks?
Yun Li and Thomas Franck of CNBC report the Dow jumps more than 200 points to another record as investors look past big jobs miss:Stocks rose to record levels on Friday even after a disappointing April...
View ArticleOTPP Acquires Brazilian Electricity Firm Evoltz from TPG
IPE reports Ontario Teachers to buy Brazilian electricity firm Evoltz from TPG:Ontario Teachers’ Pension Plan Board is buying an electricity transmission platform in Brazil from TPG.Ontario Teachers...
View ArticleOPTrust's Alison Loat on Their Renewed Sense of Urgency
Today OPTrust released its 2020 Responsible Investing Report, detailing its continued long-term commitment to sustainable investing throughout the volatility of the past year: OPTrust’s responsible...
View ArticleUAPP Pulls Billions Out of AIMCo?
Lisa Johnson of the Edmonton Journal reports that a university teachers pension plan pulled out billions in assets from AIMCo management:A pension fund for academics and professional staff at...
View ArticleChina's State Pension Fund Faces ‘Unprecedented Challenge’
Amanda Lee of the South China Morning Post reports that China's state pension fund is under pressure from an ‘unprecedented challenge’ as the nation gets older:Zhao Baidong, a 28-year-old property...
View ArticleWill Stocks Crash After Entering the Valuation Twilight Zone?
Larry Sarbit, a portfolio manager at Value Partners Investments in Winnipeg, wrote an article for the Financial Post on how stock markets have entered a valuation Twilight Zone — and history tells us...
View ArticleBCI and APG Acquire Timberland in Chile
On Friday, BCI put out a press release on how a consortium led by BTG Pactual’s Timberland Investment Group will buy Arauco's timberland assets in Chile for US$385.5 million:BTG Pactual announced that...
View ArticleAIMCo and OMERS Sell ERM to KKR
Dinesh Nair and Jan-Henrik Förster of Bloomberg News report OMERS and AIMCo have sold a majority stake in ERM to KKR: KKR & Co. has agreed to buy sustainability consultancy ERM Group Inc. at a time...
View ArticleIMCO Invests Half a Billion With Ares to Scale its Global Credit Portfolio
Paula Sambo of Bloomberg News reports that Ares gets $500 million from the Investment Management Corporation of Ontario (IMCO) for credit deals:Investment Management Corp. of Ontario, a money manager...
View ArticleCPP Investments Gains a Record 20.4% in Fiscal 2021
CPP Investments released its fiscal 2021 results, gaining a record net annual return of 20.4%:Canada Pension Plan Investment Board (CPP Investments) ended its fiscal year on March 31, 2021, with net...
View ArticleTop Funds' Activity in Q1 2021
David Randall of Reuters reports some big US hedge funds loaded up on SPACS, value stocks during first quarter:A number of well-known U.S. hedge funds bought value stocks and blank-check acquisition...
View ArticleCUPE Ontario Seeks a Review of OMERS Performance
Christine Dobby of the Toronto Star reports CUPE seeks a review of OMERS pension plan performance after a loss in 2020:The union representing 125,000 Ontario municipal workers who are members of the...
View ArticleOMERS Buys a Big Stake in International Schools Partnership
Sarah Min of Chief Investment Officer reports OMERS takes a 25% stake in International Schools Partnership:The private equity investment division for the Ontario Municipal Employees’ Retirement System...
View ArticleCDPQ, APG and ADIA Will Invest in Indonesia's Toll Roads
INA, CDPQ, APG, and ADIA recently signed a memorandum of understanding to establish Indonesia’s first infrastructure investment platform: Indonesia Investment Authority (INA), Caisse de dépôt et...
View ArticleMemorial Day Meme Stock Madness?
Earlier today, Aaron Saldanha and Sinéad Carew of Reuters reported that surging AMC shares poised to end week up more than 150%:Shares of AMC Entertainment (AMC) hit record highs before paring gains on...
View ArticleCanada's Big Pensions Boost Stakes in Oil Sands?
Nia Williams and Maiya Keidan of Reuters report:Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021, raising questions...
View ArticleOxford Properties Expands its Life Sciences Platform into the UK
Real Estate News Exchange reports that OMERS's real estate subsidiary, Oxford Properties, buys UK office to continue its rapid life sciences growth:Oxford Properties Group has made its first life...
View ArticleCPP Investments to Develop a Retail Mall in India's Financial Hub
Sarah Min of Chief Investment Officer reports CPPIB and Phoenix Mills will develop a retail center in India:The Canada Pension Plan Investment Board (CPPIB) is developing a shopping center in the...
View ArticleBehind OMERS' Carbon Footprint Analysis
Joe Marsh of Capital Monitor takes a look at what is behind OMERS' carbon footprint analysis:Ontario Municipal Employees’ Retirement System (Omers) was one of the first Canadian pension funds to...
View ArticleBeyond the Latest Meme Stock Mania?
Patti Domm of CNBC reports AMC, meme stocks could spark more heat in the week ahead as investors await inflation news:Inflation data is a highlight of the week ahead, as investors focus on economic...
View Article