Pensions
CPP Investments Assets Reach $490B After Big Quarterly Gain
Canada’s largest pension fund returned 3.8% last quarter and has returned 8.6% over the nine-month fiscal year-to-date period.
Tag: Canada
Pensions
Canadian Pension Funds Returned 10.6% in 2024
Institutional defined benefit plans returned 1.5% in the year’s fourth quarter, according to Northern Trust.
Newsmakers
HOOPP Names Annesley Wallace President, CEO
The appointment of Wallace to head the $80 billion Ontario health care pension is effective April 1.
Newsmakers
CDPQ Names Sharon White as Head of Europe
The appointment of the former John Lewis chair and Ofcom CEO is effective January 27, 2025.
Pensions
AIMCo Political Takeover Flies in Face of Canadian Model
The Alberta Investment Management Co.’s costs were in line with other Canadian funds, but governance issues pose risks, pension experts say.
Asset Allocation
Utilities, Real Estate Equities Fuel Canadian Pension Plans’ 5.1% Q3 Returns
The performance raised the plans’ year-to-date return to 9.6%.
Asset Allocation
Surging Domestic Equities, Bonds Buoy Canadian Pensions’ 5% Gain in Q3
The median plan’s returns rebounded from weak gains in the second quarter and negative returns a year ago.
Pensions
CPP Investments Makes Additional C$532M Commitment to Brazilian Water Company
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Pensions
PSP Investments Highlights Sustainability Progress in Report
The pension fund reported C$64.9 billion in green assets in fiscal 2024, according to its latest sustainability report.
Pensions
CDPQ, FTQ Invest $424M in Québec Energy Provider
The financing will assist Énergir in developing renewable energy projects.
Pensions
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Asset Allocation
CPPIB Ekes Out 1% Gain in Q1, Promotes Caitlin Gubbels to Head of Private Equity
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
Pensions
UK Chancellor Reeves Meets With Maple 8 Bosses on Implementing ‘Canadian Style’ Investing in British Plans
Reeves wants to learn lessons from Canadian plans on investing.
Pensions
Nova Scotia Fund Returns 7.93% in Fiscal 2024
Assets of the Nova Scotia Pension Services Corp., which oversees four pension funds, rose to nearly $10 billion.
Newsmakers
CPP Promotes New Chief Risk Officer
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.