News

Watchdog warns of dangers in riskier corner of debt market

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In a low-rate world where income is increasingly tough to find, more and more investors are getting into the riskier corners of lending to companies. A ...

MSCI to reclassify Kuwait as emerging market

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MSCI Inc. is awarding emerging market status to the MSCI Kuwait Indexes as the country’s equity market now meets the required criteria for reclassification. The reclassification ...

Sun Life to expand infrastructure expertise with investment in InfraRed

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Sun Life Financial Inc. says it has committed about $1.05 billion for a deal that will give it majority ownership of London-based InfraRed Capital Partners, ...

Nasdaq launches sustainable bond network

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The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and information on ...

Swedish central bank ends pioneering era of subzero rates

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Sweden’s central bank has ended a five-year experiment of keeping its benchmark interest rate below zero, a policy that other countries have also adopted to ...

CPPIB invests in Indian distressed assets platform

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The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary, CPPIB Credit Investments Inc. The IndiaRF is a ...

Lower interest rates inflating federal pension costs: Morneau

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Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic update ...

Manitoba premier wants management of public sector pensions merged

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Manitoba Premier Brian Pallister is calling for a merger of management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds themselves merge — ...

Institutional investors unsatisfied with public companies’ climate disclosures: survey

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A majority (59 per cent) of global institutional investors said they’re dissatisfied with publicly traded companies’ climate-related disclosures, according to a new survey by the Global ...

Air Canada pension plan investment managers launch investment management firm

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In 2009, the Air Canada pension plan was in dire straits with a $2.6 billion solvency deficit. A decade later, it has a surplus of ...

Contex Group Inc.