Asset Allocation
48 Hours of Market Turmoil Lop Nearly 6 Points off Canadian DB Funded Ratios
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
Tag: Canada
Pensions
IMCO Returned 9.9% in 2024
The Ontario investor’s assets grew to $62 billion at the end of the year.
Pensions
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.
Asset Allocation
Public Equities Lead Healthcare of Ontario Pension Plan’s 9.7% Return in 2024
HOOPP ended 2024 with a funded ratio of 111%, its 15th straight year with more assets than liabilities.
Pensions
Ontario Teachers’ Nets 9.4% Return, Assets Grow to $185.5B
The fund touted strong returns across equities, credit and inflation-sensitive assets.
Pensions
CDPQ Assets Grow to $328B With 9.4% Return
In 2024, equities, private equity and infrastructure drove the Québec pension fund’s performance.
Pensions
OMERS Returns 8.3% in 2024, Assets Grow to $96.67B
The Ontario Municipal Employees’ Retirement System reported strong returns from equities and private credit.
Alternatives
Canada’s CDPQ Inks Another Alternative Energy Deal
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
Pensions
Climate Advocacy Group Rates Canada’s Largest Pensions
From CDPQ’s B+ all the way down to AIMCo’s F, Shift graded Canadian pension funds on their decarbonization efforts—or lack thereof.
Market Moves
What Does a Trade War Mean for Equities?
Tariffs provide uncertainty for equity, but markets appear to become accustomed to them.
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.
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.