Asset Management Culture
OMERS to Sell Detroit River Rail Tunnel Stake for $312 Million to Canadian Pacific
The pension fund has been invested in the transnational transport system for nearly two decades.
Tag: Canada
Asset Allocation
CPPIB Sells 50% Stake in London’s Nova Victoria to Singapore-Based REIT
The transaction is expected to yield $549 million when the deal closes later this year, the fund said.
Alternatives
CPPIB Continues to Bulk Up on Renewable Energy
Canadian pension giant invests twice as much in renewable energy in 2020 as it did in 2019.
Pensions
CPPIB Commits $300 Million to Join IT Firm Buyout Deal
The Canadian pension fund would hold a 24% stake in tech consultant Virtusa after the transaction closes.
Asset Allocation
CDPQ Leads $185 Million Funding into AppDirect
The fast-growing online subscription commerce platform will use the Canadian pension giant’s capital to expand overseas.
Alternatives
Ontario Teachers’ Pension Invests $350 Million in Indian Private Credit
The fund is teaming up with Indian private debt manager Edelweiss Group.
Alternatives
CPPIB Reinvests $235 Million into Japanese Warehouses
Canada’s largest pension fund and longtime partner, global asset manager GLP, continue expansion into the Asian nation’s real estate.
Pensions
CDPQ Loses 2.3% in First Half of 2020, Misses Benchmark
However, the C$333 billion pension beat its benchmark over the past five and 10 years.
Asset Management Culture
Canadian United Nations Ambassador Chosen to Head CDPQ Global
Lawyer and diplomat Marc-André Blanchard will oversee the fund’s international efforts in the United States, Europe, and Asia.
Coronavirus - COVID-19
Canadian DB Pensions, Pooled Funds Rebound Sharply in Q2
Equities rally helps spur strong quarterly gains.
Pensions
Canada’s PSP Investments Loses 0.6% for Fiscal Year 2020
Despite loss, pension investment manager easily tops benchmark’s 2.2% decline.
Research
US, Canadian Pension Funds Rebound with Markets in Q2
Resurgent equities erase nearly 40% of US corporate pension funded status loss during first quarter.
Pensions
CDPQ Reports Solid Year of Progress Despite Missing Return Target
Fund misses benchmark by 1.6%, but reports substantial progress in international markets, liquidity, and stewardship.
Coronavirus - COVID-19
Pandemic Blots One Year’s Worth of Gains from Canadian Plans
Corporate, public, and university funds lost a median 7.23% in the first quarter from falling equities, BNY Mellon says.
Pensions
Canadian Defined Benefit Plans Have Worst Quarter in 12 Years
RBC and Northern Trust report plans lost 7.1%, the steepest drop since 2008.