Pension Pulse

SEPTEMBER 27, 2023

Canada’s large pension funds have pulled back on some activities in China. I also want to recognize our peer Maple 8 pension fund managers, many of whom are here today. That’s one key reason large pension funds tend to seek private investments. Earlier this year, British Columbia Investment Management Corp.

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Pension Pulse

DECEMBER 18, 2023

Collectively Kraken is licensed to support 52 million accounts globally. million customers, over 40,000 business customers, with over 50 million contracted accounts for our entech platform, Kraken. Kraken has been licensed to support over 50 million accounts worldwide, through deals with EDF Energy, Good Energy, E.ON

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Pension Pulse

MAY 30, 2023

As I highlighted, there are some markets that are still quite robust, the renewable energy and infrastructure space, but Office is in a price discovery mode for sure , trying to find a clearing price (bid-ask spread). Our global investment strategy received top honours in the Opportunistic and Value-added categories.

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Pension Pulse

MAY 17, 2024

Bloomberg has so far analyzed 13F filings by 1,124 hedge funds. Their combined holdings amounted to $1.887 trillion, compared with $1.728 trillion held by the same funds three months earlier. Technology accounted for the biggest weighting in the investor group’s portfolios, at 28%, followed by consumer discretionary at 14%.

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Hedge Funds Funds Asset Management Pension Funds 59

The Motley Fool

APRIL 12, 2024

Beginning in the first quarter of 2024, earnings recognized from minority investments accounted for under equity method will be presented as part of our nonoperating results. In addition, as many of you know, we updated the presentation of expense line items by including a new sales, asset and account income statement caption.

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Pension Pulse

AUGUST 23, 2023

It is for this reason that Canadian pension giant BCI finds itself in a rather enviable position. billion) public pension fund has spent much of the past decade using the secondaries market to cultivate a comparatively liquid portfolio of illiquid assets. billion; €158.2 billion or more in size. “In billion portfolio.

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Pension Funds Assets Debt Private Equity Firms 40

The Motley Fool

FEBRUARY 6, 2024

With this momentum, we expect this segment to be the first to bend the revenue curve back to growth, and we think bid market segment will follow suit. Since establishing the dedicated go-to-market team for bid markets last June, tenured direct sales productivity increased 26% while we simultaneously grew the sales force by 15%.

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Pension Pulse

SEPTEMBER 5, 2023

An information memorandum on a potential sale was circulated earlier in the year, and by late August, four firms were left in the bidding process, a person close to the situation told Private Equity News' sister title Financial News. In its audited accounts as at 31 March 2023, Caledonia’s shareholding in 7IM was valued at £187.1m

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The Motley Fool

OCTOBER 31, 2023

Over the past 36 years, Burgiss has created greater private asset transparency while serving institutional investors such as pension funds, endowments, foundations, and family offices. Our D&A guidance captures the additional intangible amortization from purchase accounting and adjustments related to the acquisitions.

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Assets Hedge Funds Capital Leveraging 100

Pension Pulse

JUNE 20, 2023

He is a Chartered Professional Accountant and Chartered Business Valuator. Importantly, no other large Canadian pension fund has allocated as much to Credit as CPP Investments (or Private Equity which makes up 33% of of its total assets). Andrew holds a Bachelor of Commerce from McGill University.

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Investing Leveraging Banks Debt 52

Pension Pulse

NOVEMBER 13, 2023

James Hirai of Bloomberg reports Dutch pension funds send shockwaves through euro swap market: Dutch pension funds are plowing cash into long-dated swap contracts, according to strategists, upending one of this year’s most popular trades. The funds, by far the region’s largest with more than €1.5 in a client note.

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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. I want to confront the topical complaint that pension funds allocate something like 4% of our capital to domestic stocks.

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Pension Pulse

MAY 21, 2024

Consequently, no shareholders provided further funding to Thames Water and the value of OMERS Thames Water investment has now been written off,” said James Thompson, a spokesperson for OMERS Infrastructure, in an e-mailed statement Friday. Another major Canadian pension fund, British Columbia Investment Management Corp.

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Pension Pulse

MAY 24, 2023

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. The Fund, which includes the combination of the base CPP and additional CPP accounts, achieved a net return of 1.3%

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Pension Pulse

OCTOBER 27, 2023

Here are the top stories covering pensions and investments this week: 1) Jason Markusoff of CBC News reports that Ontario has concerns over Danielle Smith's CPP exit bid, but also a stark lesson for her: It may seem like a pile-on by now to Premier Danielle Smith and the United Conservatives. Read more here.

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The Big Picture

MARCH 5, 2024

I graduated economics with, with a lot of coursework in accounting and finance. For me, I sat mostly in their internal, really an internal hedge fund. They borrowed money at live bid at the time. So it, it really has and, and pension funds, they’re on hold today. So I switched to be an economics major.

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The Motley Fool

SEPTEMBER 17, 2023

They said, hey, if you're involved, chill the auction and no one wants to bid, and so you can't even show up. Much of their language is going to be around leverage and accounts receivable and gross margin. That and you're like, wait, where's the accounting team? Which was interesting. I just got to sit and wait.

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The Big Picture

NOVEMBER 8, 2022

I remember once, one of my colleagues says that a friend, one of the French Lazard Frerers partners was asked by a sort of junior, “How much should we tell our client to bid?” pension funds engaged in to the tune of hundreds of billions of pounds. And the French partner said, “The price is right which hurts our client.”

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Financing Finance Banks Hedge Funds 59

Pension Pulse

JANUARY 22, 2024

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. Quest also bid, unsuccessfully, for CML at the time, according to one of the sources, who worked on the transaction.

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The Big Picture

SEPTEMBER 23, 2024

Europe accounts for anywhere between a third and a half of their investments. Whatever you can get for it, hit the bid. You know, that’s a small account at a lot of shops. And infrastructure today is bought by sovereign funds, big pension funds with a view that it is very steady.

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Debt Leveraging Banks Leveraged Buyouts 59

Pension Pulse

MARCH 8, 2024

On Wednesday, more than 90 chief executive officers at some of the country’s largest companies signed an open letter that urges federal and provincial finance ministers to “amend the rules governing pension funds to encourage them to invest in Canada.” And on Thursday, Ms. That compares with a 7.4-per-cent

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The Big Picture

JANUARY 24, 2023

We spent weeks, night and day, studying it, decided it wasn’t a good deal, decided not to bid, which I’m fine with. And then when we decided not to bid at 90, it eventually went up to, you know, 111 or something like that. And you know, so we looked at it very hard, decided not to bid. KLINSKY: Right, right.

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Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

FEBRUARY 13, 2023

RITHOLTZ: You hit the bid before — RIEDER: Well, yes. Which is run by many insurance companies, pension funds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pension funds and foundations? RIEDER: Yeah. RIEDER: It is. RIEDER: Right.

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Hedge Funds Education Funds Banks 59

Pension Pulse

NOVEMBER 12, 2024

Amanda White of Top1000funds reports perfect score sees Norway take out top spot on transparency: Norway’s sovereign wealth fund, Government Pension Fund Global, has topped the list of the most transparent funds according to the Global Pension Transparency Benchmark’s 2024 findings, scoring a perfect 100 out of 100.

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Pension Pulse

MARCH 24, 2025

This is compounded by the bid-ask spread for infrastructure assets remaining stubbornly wide, hampering M&A markets that once functioned with relative fluidity. First, he explained to me how the GFC created incredible opportunities for large pension funds to invest directly as there were plenty of forced sellers back then.

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Pension Pulse

NOVEMBER 21, 2024

The decision to put a senior government official on the board of the arm’s-length pension fund manager raises questions about AIMCo’s continued independence, and whether the move opens the door to the government to exert greater political influence or to steer the pension fund manager toward government priorities.

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Pension Funds Financing Finance Consultants 64

Pension Pulse

NOVEMBER 13, 2024

However, it will take time to assess the full impact of the 2021-2023 governance and management changes on the pension fund manager’s organizational performance. Were AIMCo’s pension fund clients consulted, as would normally be required under investment management agreements? Those changes are now in place.

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Pension Funds Consultants Consulting Financing 59

Pension Pulse

FEBRUARY 25, 2025

Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pension fund giant Caisse de dpt et placement du Qubec has struck a deal to buy Innergex Renewable Energy Inc. in a bid to leave the short-term view of stock market investors behind.

Pension Funds 59

Pension Funds Shareholders Legal Stakes 59

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. Amanda White reports. He also leads Balance Sheet Management.

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Pension Pulse

NOVEMBER 11, 2024

He added that aside from who will ultimately run the fund, the biggest question AIMCo faces going forward relates to its mandate. She made the bid to get Alberta’s share of the Canada Pension Plan (CPP) managed in Alberta too,” Willis said. “So, So, Danielle Smith I think looks at AIMCo as a bit of a cookie jar.

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Pension Funds Consultants Consulting Financing 59

The Big Picture

NOVEMBER 25, 2024

00:38:17 [Speaker Changed] And it’s worked out for places like Delta’s Pension Fund, 00:38:20 [Speaker Changed] Delta, there are a large number of public pensions as well that have used this Iers, Ohio Police and Fire Mosers. That is their savings account, particularly when cash is returning nothing.

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Returns Mutual Funds Leveraging Hedge Funds 59

The Big Picture

OCTOBER 31, 2022

And it appears, at least, in the post-World War II period, they come about every 25 years, the Nifty Fifties, which was a period where institutions and pension funds bought just growth stocks. RITHOLTZ: Bidding wars are over. SIEGEL: Well, I probably would have not had any bonds in my TIAA-CREF university account.

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Pension Pulse

MARCH 14, 2025

As the safety bid waned, Treasuries joined their German counterparts lower. At one point he refers to my blog and says I note the true measure of success of a pension fund is to have more than enough assets to meet its long-dated liabilities and then goes on to destroy that concept calling it baloney. to $3,004.94

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The Motley Fool

JANUARY 28, 2025

Under today's Lockheed Martinwide bid process, every proposal adheres to a stringent, risk-adjusted ROI regime. After accounting for the 2024 net charges, we expect operating profit growth from the adjusted 2024 position. And there's a trend in this industry to be much more deliberate about how each company bids.

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