Newsmakers
Canada’s CDPQ Returns 13.5% in 2021
Canada’s second-largest pension fund’s asset value has grown by C$149.1 billion over the past five years.
Tag: Canada
Newsmakers
Ontario Teachers’ Pension Takes a Bet on UK Fintech Company Lendable
The pension fund led a $277 million fundraising round for the late-stage venture company.
Risk
Warning: Tossing Russian Banks From the International System Could Backfire
Credit Suisse says removing the lenders from SWIFT may lead to problems similar to the 2008 and 2020 panics.
Asset Allocation
Retirement Plans Are Key for Business Efficiency
A good pension plan can give companies a competitive edge in a tight labor market, according to a recent report.
Newsmakers
Public-Sector Pensions Help Drive Canadian Economy
A report finds Canadian plans add C$82 billion to the country’s GDP annually.
Asset Allocation
CDPQ Invests in M3 Mortgage Group
The Canadian institutional investor has almost 10% of its portfolio invested in real estate.
Alternatives
Woodman, Don’t Spare That Tree: Lumber Price Spiral Is Now Over
The tab for this construction-centric wood, which figures in many asset allocators’ alt strategies, has dropped back as production finally expands.
Corporate Moves
Investment Management Corp. of Ontario Taps Rossitsa Stoyanova as CIO
The current head of portfolio design and construction at CPPIB will oversee nearly $60 billion in assets.
Flowering Among the Ruins: Why Emerging Markets Are Poised for a Revival
This battered asset class should benefit from a host of new developments—such as a weaker dollar.
Pensions
Ontario Teachers’ Plan Acquires Brazilian Electricity Transmission Firm Evoltz
The purchase from asset manager TPG nets the pension fund seven electricity lines in 10 Brazilian states.
Pensions
Funded Levels of Canadian DB Plans Climb to 20-Year High
Surging bond prices helped boost defined benefit plans’ funded ratios to 124%.
Corporate Moves
CAAT Pension Plan Names Asif Haque CIO
Julie Cays, current CIO of the C$13.5 billion pension plan, will retire at the end of April.
Asset Management Culture
Canadian Pensions Can’t Quit External Management, Despite In-House Moves
Plans rely on outside help for better returns, talent, and technology.
News
Canadian Pensions Adapt Investment Strategies for Post-COVID-19 World
Asset managers are expected to shift funds to private equity from infrastructure and to increase in-house management.
Pensions
Canadian Pensions, Pooled Funds End 2020 on High Note
Robust equities spurred a market rebound that provided a strong fourth quarter for retirement plans.