Flowering Among the Ruins: Why Emerging Markets Are Poised for a Revival
This battered asset class should benefit from a host of new developments—such as a weaker dollar.
Tag: Canada
Pensions
Ontario Teachers’ Plan Acquires Brazilian Electricity Transmission Firm Evoltz
The purchase from asset manager TPG nets the pension fund seven electricity lines in 10 Brazilian states.
Pensions
Funded Levels of Canadian DB Plans Climb to 20-Year High
Surging bond prices helped boost defined benefit plans’ funded ratios to 124%.
Corporate Moves
CAAT Pension Plan Names Asif Haque CIO
Julie Cays, current CIO of the C$13.5 billion pension plan, will retire at the end of April.
Asset Management Culture
Canadian Pensions Can’t Quit External Management, Despite In-House Moves
Plans rely on outside help for better returns, talent, and technology.
News
Canadian Pensions Adapt Investment Strategies for Post-COVID-19 World
Asset managers are expected to shift funds to private equity from infrastructure and to increase in-house management.
Pensions
Canadian Pensions, Pooled Funds End 2020 on High Note
Robust equities spurred a market rebound that provided a strong fourth quarter for retirement plans.
Pensions
Ontario Teachers’ Joins Net-Zero Climate Pledge for 2050
The Canadian pension fund will establish defined portfolio targets in the coming months.
Asset Allocation
Funded Ratio for Canadian Pension Plans Improves in 2020
After plummeting during the first quarter, the funding level of Canadian defined benefit plans rebounded to end the year at 91.2%.
Asset Management Culture
Ontario Teachers’, Ares Buy Packaging Company
The investors will take a majority stake in TricorBraun after it reported ‘record sales’ in 2020.
Alternatives
CPPIB Loses $113 Million Days After Buying SolarWinds Stake, Following Hack
Canadian pension giant, authorities likely to look into whether firm had been aware of cybersecurity risks.
Alternatives
CPPIB Invests $200 Million into Indonesia Logistics Joint Venture
Two partnerships with logistics real estate firm LOGOS will bring up to $1 billion of warehouses in the greater Jakarta area.
Asset Allocation
OMERS Completes $312 Million Sale of Detroit River Rail Tunnel to Canadian Pacific
The pension fund will sell an 83.5% stake in the transcontinental pathway.
Asset Management Culture
Canadian Pension CEOs Call for Increased ESG Disclosure
The eight funds, which represent $1.23 trillion in assets, said it is ‘vital’ that companies report standardized ESG data.
Alternatives
Ontario Teachers’ Finance Trust Issues First Green Bond
Canadian pension fund issues €750 million 10-year bond earmarked for sustainable investments.