CPP Investments Taps Secondaries Market in $860M Sale
The Canada Pension Plan Investment Board announced the sale of 25 private equity fund interests to Ares and CVC.
News
Pension Risk Transfer Still Attractive Derisking Option, Despite Market Volatility
Corporate pension funding ratios and the the interest rates used to value their liabilities took a hit, but the time to derisk may be now.
Banks With Decarbonization Efforts Perform Better, Research Finds
ISS STOXX found correlations with decarbonization, ESG performance and financial performance.
Public Pensions Tout Long-Term Investing Focus Amid Market Volatility
Pension executives point to portfolio diversification as protection against uncertainty.
AustralianSuper Cyberattack Losses Reach $450,000
The 10 members whose accounts were affected have been fully reimbursed, superannuation officials confirmed.
Alexander Dorf named Deputy CIO of Arizona PSPRS
The former UPS pension portfolio manager joins the $23 billion Public Safety Personnel Retirement System.
Insurer Scottish Friendly Chooses Schroders for $2.37B Mandate
The asset manager will manage the mutual life firm’s insurance assets.
Aware Super Invests $1B in Australia’s ‘Largest’ Intermodal Terminal
The north Melbourne project is designed to create transportation infrastructure to improve supply chains in the country.
Institutional Investors Show Signs of Caution After Risk-Seeking 2024
Amid market uncertainty, institutional investors have been looking for cover this year, per an IFSWF report.
Asset Owners Increasingly Holding Cash as Liquidity Becomes More Important
Institutional investors are also increasingly investing in the private markets and embracing technology solutions, according to Northern Trust’s inaugural global asset owner peer study.
Annual Canadian Employee Benefits Conference Relocates from San Diego to Canada
The event, hosted by the International Foundation of Employee Benefit Plans, is moved amidst tensions between the US and Canada.
University of Utah Selects Cynosure as OCIO for $1.8B Endowment
The Salt Lake City-based fiduciary manager was selected from 50 potential service providers.
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.
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
IMCO Returned 9.9% in 2024
The Ontario investor’s assets grew to $62 billion at the end of the year.