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.
Water Island Capital, which owns 4% of the firm, says the offer price is too low.
CPPIB is plying the oil and gas sector for investment opportunities, as well as going into renewables.
Fund boosts renewable energy investments 100-fold since 2016.
The $304.1 billion fund taps Zubaid Ahmad as senior advisor to boost US investments.
Canadian pension to contribute €450 million of equity.
Fund acquires NextEra project portfolio, and boosts ReNew Power stake to garnish Ostro Energy deal.
Merger sees both entities holding all shares capital, allows for use of the put option.
Total assets gain C$8.9 billion to reach record high of C$337.1 billion.