Newsmakers
Ontario Teachers’ Taps Pierre Cherki to Oversee New Real Estate Team
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
Tag: Canada
Asset Allocation
Canada Pension Plan Investments Lose 0.7% in 1st Half of Fiscal 2024
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.
Pensions
Median Canadian Pension Plan Loses 3.7% in Q3
But median pension plans north of the border are up 1.6% year to date, according to Northern Trust.
Pensions
Alberta Threatens Breakaway From Canada Pension Plan
Provincial leaders want more independence from the federal government and commissioned a report to study potential financial terms of a separate fund.
Pensions
Ontario Teachers’ Pension Plan CIO Ziad Hindo to Step Down at Year’s End
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
Asset Allocation
CDPQ Reports 4.2% Return for 1H 2023
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
Asset Allocation
Ontario Teachers’ Pension Reports 1.9% Return for 1H 2023
The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.
Risk
CPPIB Loses 0.8% in Q1 Fiscal 2024
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
Pensions
Fully Funded Status of Canadian DB Plans Keeps Rising in Q2
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.
Newsmakers
Ontario Teachers’ Pension Taps New Asia-Pacific Head
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.
Asset Allocation
PSP Investments Reports 4.4% Return in Fiscal 2023
The Canadian pension investment manager raised its net AUM to $182.3 billion.
Pensions
Canadian Pension IMCO Loses 8.1% in 2022
The pension fund’s C$69.1 billion portfolio was weighed down by fixed-income and public equity investments.
Regulation
Canada Passes Pension Bankruptcy Protection Bill
Bill will make plan members top priority when a company becomes insolvent.
Asset Allocation
Ontario Pension to Invest Nearly $17 Billion in Green Investments by 2030
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Asset Allocation
CPPIB, Silver Lake Acquire Qualtrics for $12.5 Billion
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.