This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices. Warren Spector, chairman of Balbec, highlighted the strong investor confidence in the firms approach, investment process, and analytics.
It's a business insurance broker, a healthcare and retirement benefit plan manager, a reinsurance broker, and a consultancy firm rolled into one. It even has an "outsourced chief investment officer" segment to handle defined benefit pensionfunds for clients.
But what’s even more relevant, he says, is that with $88 billion now invested in a province with a GDP of nearly $500 billion, “the Caisse is the pensionfund that is the most invested, in the world, in its local economy.” More than ever, Canada’s largest pensionfunds are being pressed to play the same role in the rest of the country.
The success of this monetization plan should be part of the Harvard Business Review case study so other large pensionfunds and sovereign wealth funds can mimic it. For more information, visit cdpq.com , consult our LinkedIn or Instagram pages, or follow us on X. and business consulting company CGI Inc.
for many years in the hope of acquiring it one day, but the Audet family, which controls both entities, rebuffed its overtures — including a hostile bid in 2020. for many years in the hope of acquiring it one day, but the Audet family, which controls both entities, rebuffed its overtures — including a hostile bid in 2020.
Business Wire reports that Norway's sovereign fund tops global transparency ranking: TORONTO — Norway’s sovereign wealth fund, Government PensionFund Global, has topped the list of the most transparent funds according to the Global Pension Transparency Benchmark’s 2023 findings.
The move follows a similar initiative by Ontario Teachers' PensionFund, announced last June. For more information, visit cdpq.com , consult our LinkedIn or Instagram pages, or follow us on X. Never a dull day at Pension Pulse, I can tell you that much. As at June 30, 2023, CDPQ’s net assets totalled CAD 424 billion.
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 pensionsfunds should invest more in domestic assets to boost the economy. I want to confront the topical complaint that pensionfunds allocate something like 4% of our capital to domestic stocks.
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 pensionfund, British Columbia Investment Management Corp.
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. Smith launched the debate on Sept.
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?” And as Ben Bernanke introduced this financial dope, and I went off to work for hedge funds, or whatever he does, that is. RITHOLTZ: He’s a consultant.
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 pensionfunds to encourage them to invest in Canada.” And on Thursday, Ms. That compares with a 7.4-per-cent
RITHOLTZ: You hit the bid before — RIEDER: Well, yes. Which is run by many insurance companies, pensionfunds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pensionfunds and foundations? RIEDER: Yeah. RIEDER: A 100 percent.
Balbec Capital closed its latest credit fund, Insolve Global Credit Fund VI, securing over $1.7bn in commitments, making it the firms largest fundraising cycle to date. The fund attracted both new and existing investors, including sovereign wealth funds, pensionfunds, insurance companies, consultants, and multi-family offices.
In addition to BMW and Volkswagen AG , Northvolt’s top investors included Goldman Sachs’s asset management arm, Denmark’s biggest pensionfund ATP, Baillie Gifford & Co. funds and a number of Swedish entities. What a mess, Northvolt's collapse has hit many investors, including Canadian pensionfunds.
The decision to put a senior government official on the board of the arm’s-length pensionfund 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 pensionfund manager toward government priorities.
However, it will take time to assess the full impact of the 2021-2023 governance and management changes on the pensionfund manager’s organizational performance. Were AIMCo’s pensionfund clients consulted, as would normally be required under investment management agreements? Those changes are now in place.
Nicolas Van Praet of the Globe and Mail reports pension giant Caisse strikes deal to acquire Innergex Renewable Energy: Canadian pensionfund 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.
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.
00:38:17 [Speaker Changed] And it’s worked out for places like Delta’s PensionFund, 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. And, and the Wisdom Tree NTSX fund was born. So, so a couple of questions on that.
Three preselected consortiums submitted private bids last year outlining their plans to build and operate the proposed new passenger rail line. Each of the three bids was required to present two options: one using traditional passenger trains and a second option that includes at least some high-speed-rail segments.
I do think theres a path, he said, adding he believes pension involvement in Canadian airports could start almost immediately with investments in adjacent assets such as parking garages and freight services as well as new developments like sustainable aviation fuel facilities that arent core to the business of an airport.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content