Remove Management Fees Remove Pension Funds Remove Stakes
article thumbnail

Mark Wiseman on Why Politicians Should Leave Pension Funds Alone

Pension Pulse

The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool. The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool.

article thumbnail

CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

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 Management fees decreased by $10 million, remaining broadly in line with the prior year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CDPQ Posts 7.2% Return in 2023

Pension Pulse

Regarding the pension fund's bond assets, CDPQ said the fixed income market was characterized by higher yields and the narrowing of corporate credit spreads. In equity markets, Canada’s second-largest pension fund benefited from its high exposure to the technology sector with a 17.7 and down 0.2% in Canada," CDPQ added.

Returns 59
article thumbnail

Are CPP Investments' 'Ideological Goals' Costing Canadians Money?

Pension Pulse

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. They could simply carry on trying to maximize returns. The governance is equal,” he said.

article thumbnail

A Fireside Chat With BCI's Head Of PE Jim Pittman

Pension Pulse

BCI is a pension fund for unionized employees and government employees in British Columbia and Western Canada, with gross assets under management of $250 billion. Consolidation in the industry is likely, with larger managers acquiring smaller ones to expand their strategies and AUM. A few quick points here.

article thumbnail

Top Funds' Activity in Q4 2023

Pension Pulse

David Hollerith of Yahoo Finance reports Amazon, Alphabet, and Nvidia attract new interest from Wall Street's biggest investors: Some of Wall Street’s biggest investors made new bets on technology giants in the fourth quarter, loading up on stakes in Amazon ( AMZN ), Alphabet ( GOOG , GOOGL ), Alibaba ( BABA ), and Nvidia ( NVDA ).

article thumbnail

Blackstone (BX) Q2 2023 Earnings Call Transcript

The Motley Fool

In fact, virtually all of our drawdown funds we've launched in our history, have been profitable for our investors. Our performance has helped secure retirees' pensions, fund students educations, pay healthcare benefits, and protect and grow the savings of individual investors. billion or $0.94

Banks 130