Pension Pulse

APRIL 16, 2024

Derek Decloet and Christine Dobby of Bloomberg report Canada taps ex-BOC governor to examine how pension funds invest: Canada’s finance minister has asked former central bank governor Stephen Poloz to examine ways to entice its pension funds to invest more in the country.

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The Motley Fool

SEPTEMBER 18, 2023

Blackstone (NYSE: BX) recently reached a huge milestone when it surpassed over $1 trillion in assets under management ( AUM ) in the second quarter. It became the first global alternative asset manager to hit that level and will add another notch to its belt when it joins the S&P 500 index later this month.

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Pension Pulse

SEPTEMBER 3, 2024

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. The fund’s CEO Nathalie Palladitcheff acknowledged the troubles facing offices in an interview in October with CNBC , where she announced the company was opening an office in New York to be close to its biggest cases.

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Pension Pulse

JUNE 8, 2023

Arjun Neil Alim and Josephine Cumbo of the Financial Times report that AIMCo will boost its London office in show of faith in UK capital: One of Canada’s largest asset managers plans to more than double its headcount in London and invest billions in the UK, hailing the city as more of a gateway to the world than New York.

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Pension Pulse

OCTOBER 29, 2024

billion of Australian office, residential and industrial real estate assets, including third-party assets, managed by Oxford Properties Group. Late last week, I was contacted a Bloomberg reporter who is thinking of writing a comment on Canadian pensions in the UK and whether UK pension funds should adopt the Canadian model.

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Pension Pulse

APRIL 15, 2024

In Canada, one of our most powerful tools to collectively shape that future is our strong, stable, resilient pension fund, one built for the specific demographic hurdles we’ll face as a country. In this landscape, countries with strong pension funds have a decided advantage—and Canada is among them. Today, there are 3.5

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This is going to be BIG.

MAY 16, 2016

You'd have to work for a very limited number of fund performance tracking firms, like Thomson Reuters, Cambridge, etc., or be an institution big enough to see a ton of different funds over time. Well, CB insights lists somewhere in the neighborhood of 500 active VC firms as of 2013--meaning firms that did 4 or more deals that year.

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Pension Pulse

JULY 2, 2024

The country’s second-largest pension has been a seasoned private equity investor for almost half a century. However, it wasn’t until the last decade that the asset class began to account for a significant part of its investment portfolio: CDPQ’s private equity assets nearly doubled from 10.1 percent in 2022. percent to 21.4

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Pension Pulse

OCTOBER 16, 2024

Doloresz Katanich of European News also reports on which European country takes the crown in global survey on pensions: The Mercer CFA Institute Global Pension Index assesses retirement income systems around the world. has ratified a two-year collective agreement that includes pension and benefits gains. 1 India (44.0/100)

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Pension Pulse

MAY 22, 2024

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 CPPIB's net assets totalled $632.3 The increase in net assets included $46.4

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Pension Pulse

MAY 11, 2023

Paulina Pielichata of Pensions & Investments reports CDPQ works to pump $11.2 billion into European private markets: Canadian pension fund Caisse de depot et placement du Quebec has recently moved into its new London headquarters as it is working to deploy C$15 billion ($11.2 billion) in private markets across Europe.

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The Motley Fool

JANUARY 12, 2024

Today, we are announcing two transformational changes in anticipation of the evolution we see ahead for the asset management industry and for the entire global capital markets. We've spoken throughout the year about what conditions we'd expect to bring investors out of cash and into risk assets.

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Pension Pulse

JANUARY 12, 2024

is shaking up the top ranks of management, creating a new global product strategy group led by Stephen Cohen that will latch onto the global growth of exchange-traded funds and combine active and index strategies. billion in a major push into alternative assets. She joined BlackRock in 2013 from Citigroup Inc.,

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Pension Pulse

DECEMBER 12, 2023

Cogeco will repurchase some and, in the end, the Quebec pension fund will wind up with a 16.1 CDPQ first invested in Cogeco Communications in 2013 by providing a CAD 50 million loan. As at June 30, 2023, CDPQ’s net assets totalled CAD 424 billion.

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Pension Pulse

AUGUST 3, 2023

IPE Real Assets reports Cadillac Fairview and Boreal IM logistics venture expands into Italy: The European logistics joint venture between the real estate arm of Ontario Teachers’ Pension Plan and Boreal IM marked its entry into Italy with a 200,000sqm portfolio purchase. 2,127,000 sq.ft) and two development plots.

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Pension Pulse

MAY 15, 2023

He also held roles as the head of private equity at the Pivotal Group, as a portfolio manager in CalPERS’ private equity program from 2013 to 2016 and was a former consultant at McKinsey & Co. “We Private equity is the highest performing asset class in the CalPERS portfolio and returned 21.3 This will mean hiring in more people.”

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Pension Pulse

OCTOBER 13, 2023

Anyway, let me get on to covering this week in pensions. First, Shahir Gindo wrote a special to the Globe and Mail on why Canadian pensions funds should invest more in domestic assets to boost the economy. They don’t mention that the Maple 8 large Canadian pension funds collectively have around 13.5%

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The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry. And I think you will also.

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Pension Pulse

FEBRUARY 20, 2024

KDV I is a joint venture set up in 2015 among CPP Investments, APG Asset Management, and ESR Group Limited to develop modern logistics real estate assets in prime locations within major strategic logistics hubs in South Korea. Net proceeds to CPP Investments from the sale will be approximately US$ 245 million.

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Pension Pulse

AUGUST 28, 2023

Patrick DeRochie, senior manager of Shift Action for Pension Wealth and Planet Health , wrote an op-ed for the Globe and Mail, stating Canada is burning, so why is our national pension fund still heavily into fossil fuels?: Importantly, divestment only transfers the risk of an asset to a fund that doesn't give a damn about ESG.

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Pension Pulse

MAY 15, 2024

Scott Chan, deputy CIO of the California State Teachers’ Retirement System, will take over on July 1 as CIO of the world’s largest educators’ pension fund. In his new role, Chan will oversee CalSTRS’ 225 investment staff, and will spearhead the investments of the pension’s $332.5 CalSTRS announced Chan’s appointment Wednesday.

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Pension Pulse

OCTOBER 23, 2024

Silas Brown and Kat Hidalgo of Bloomberg report Florida pension to offload up to $4 billion of private credit: The Florida State Board of Administration is looking to sell a bundle of private credit stakes worth as much as $4 billion in what would be one of the largest deals of its kind, according to people with knowledge of the matter.

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Pension Pulse

MAY 24, 2023

Barbara Shecter of the National Post reports Canada Pension Plan investing board posts 1.3% return for year: The Canada Pension Plan Investment Board posted a net return of 1.3 per cent for the fiscal year ended March 31, ending the year with net fund assets of $570 billion compared to $539 billion a year earlier.

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The Big Picture

NOVEMBER 8, 2022

No, I — the first thing I spoke at was a Goldman Sachs Asset Management conference, strange enough in a place called Carefree, Arizona. Jeremy called and said, “Would you like to join the asset allocation team?” So he wanted a sort of non-quanty view input into the asset allocation process. CHANCELLOR: Filled with quants.

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Pension Pulse

JANUARY 22, 2024

billion in LifeLabs and two of the sources said the asset manager is asking for a premium valuation on the business, well above the capital OMERS has put into acquisitions. The pension fund manager had quietly tried to sell LifeLabs in previous processes and failed to find a buyer, according to two of the sources.

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The Big Picture

JULY 24, 2023

So this secular bear market that we’re in today began in 2013 when we finally broke above the 1,500 level that was capping the index since 2000. I think the China EV, I think BYD would be a key asset to own this decade. And I feel like we may have seen the valuations peak for this cycle in 2021 at a 23 times forward PE.

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Pension Pulse

AUGUST 22, 2023

Paula Sambo of Bloomberg reports Canada Pension Plan Investment Board joins startup at $100 million Reforestation Fund: Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

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Private Equity Insights

MARCH 4, 2025

With Adelis employees committing an additional 116m, the total fund size reaches 1.6bn. The fund attracted capital from leading pension funds, foundations, and fund-of-funds across Europe and North America.

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Pension Pulse

NOVEMBER 19, 2024

A number of global institutional investors are members of FCLTGlobal, including APG, BlackRock, the California State Teachers’ Retirement System, PSP Investments, Future Fund, and many of the largest asset owners in the world. “We It was founded in 2013 as a joint initiative of CPP Investments (led by Mark D.

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Hellman & Friedman LLC

APRIL 1, 2025

Other significant direct owners of Mehilinen beyond CVC and H&F include the company’s management and key personnel, as well as large Finnish pension funds including e.g., Ilmarinen, Varma, and the State Pension Fund. Additionally, there are private investors and smaller institutional investors among the owners.

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Pension Pulse

MARCH 20, 2025

overseas investments as trade tensions rise: Ontario Teachers' Pension Plan is reassessing its appetite for U.S. investments in the face of tariffs and trade tensions, looking for ways to boost the share of its overseas assets as economic risks rise. The pension funds 2024 returns fell short of its internal benchmark of 12.9

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Pension Pulse

DECEMBER 12, 2024

9, Anand told reporters that the Public Service Alliance of Canada (PSAC) was sharing completely inaccurate information about the government stealing the pensions from public servants. billion in the Public Service Pension Fund as of March 31, 2024. Those hired after 2013 must wait until age 60.

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Pension Pulse

MARCH 3, 2025

Ralph Berg, chief investment officer at OMERS for nearly two years, brings a fresh perspective to pension fund management with a history and work pedigree different to what you might expect from a Canadian fund investment boss. billion) funds approach to investing. Amanda White reports. billion ($97.2

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The Big Picture

NOVEMBER 25, 2024

We were talking about luck earlier, got introduced to a local asset manager outside of Boston who saw what I was working on and said, this is really interesting. And so as those assets grew, I’m now a young 20-year-old going out trying to go to other asset managers saying, Hey, I have this quantitative research.

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The Motley Fool

MARCH 3, 2025

You had Bitcoin net asset value of $46 billion. Be like Buffett, update your estate plan every few years to account for any changes in your assets, your address, your family, or your assessment of who should get what. But 10% of the cash in short term government bonds and 90% in a very low cost S&P 500 index fund.

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Pension Pulse

OCTOBER 25, 2024

up 22% in its biggest rally since May 2013. He also said he owns no long bonds but he doesn't understand asset-liability management and why pension funds would jump on Treasuries again if the 10-year yield hit 5% (hell, I bet you they are buying them now). Treasuries rebounded after days of losses.

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The Big Picture

JULY 22, 2024

00:00:16 [Barry Ritholtz] This week on the podcast, another extra special guest, if you are at all interested in fixed income in cross asset management, in intermarket analysis, in understanding the many moving parts that go into putting together a near trillion dollar fixed income portfolio will then strap yourself in.

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