News

CPPIB assets reach more than $420 billion in fiscal Q3

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The Canada Pension Plan Investment Board generated a net income of $14.5 billion for its third fiscal quarter, rounding out a 7.1 per cent return for ...

China virus outbreak chilling recovery for Asian economies

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The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and ...

Caisse investing further in Cirque de Soleil, becoming Alstom’s largest shareholder and selling part of stake in IT firm

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The Caisse de dépôt et placement du Québec is boosting its current investment in the Cirque du Soleil Entertainment Group. The investment will see the Caisse buy ...

OPTrust focuses on certainty in an uncertain environment

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Against a backdrop of uncertainty, the OPSEU Pension Trust is guided by an investment strategy with certainty at its core. In 2015, the plan introduced what ...

UTAM joins institutional investors calling on aviation sector to address climate change

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The University of Toronto Asset Management Corp. is teaming up with more than 120 institutional investors to call on the aviation sector to confront the ...

401(k)s hit records as workers sock away more, stocks jump

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The average 401(k) balance rose 17 per cent last year to $112,300 from the end of 2018, according to a review of 17.3 million accounts ...

BCI enters credit agreement, CPPIB ups allocation to U.S. logistics partnership

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The British Columbia Investment Management Corp. is entering a credit agreement with Knightsbridge Capital Group, a Vancouver asset-based lender. “We are very excited to have found a significant local ...

Canadian DB funds generate second-highest returns in a decade: RBC

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Canadian defined benefit pension plans posted a return of 14 per cent in 2019, according to the RBC Investor and Treasury Services’ universe. These double-digit returns ...

City of Toronto completes final pension plan transfer to OMERS

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The City of Toronto has completed the transfer of its Metropolitan Toronto Pension Plan to the Ontario Municipal Employees Retirement System. The Metro plan was the last of ...

More than half of Canadians fear not having enough for retirement, says poll

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A Scotiabank retirement survey says more than half of respondents are concerned that financial pressure will force them to re-enter the workplace after they retire. The poll ...

Contex Group Inc.