News
OMERS leading $227-million funding for AI company
BY Benefits Canada Staff | November 7, 2019
The Ontario Municipal Employees Retirement System, through OMERS Growth Equity, is leading a $227 million Series-F funding round for intelligent and predictive search technologies provider Coveo. Founded ...
GFL Environmental cancels IPO after investors seek price below range
BY Armina Ligaya, the Canadian Press | November 7, 2019
GFL Environmental Inc. is cancelling its initial public offering, which was expected to raise upwards of US$2.4 billion, after investors proposed pricing below its desired ...
Eurozone forecast for long period of weak economic growth
BY Pan Pylas, the Associated Press | November 7, 2019
The European Union’s executive branch has cut its growth forecasts for the 19-country eurozone for this year and next and warned that conditions could worsen ...
RBC real estate fund, with BCI partnership at core, exceeds targets in first equity tranche
BY Staff | November 6, 2019
A new Canadian core real estate fund has attracted more than $1.25 billion in equity commitments in its first subscription tranche, materially exceeding targets. RBC Global ...
PSP investing in U.K. real estate; Caisse in medical startup fund, Indian infrastructure
BY Benefits Canada Staff | November 6, 2019
The Public Sector Pension Investment Board and Aviva Investors are teaming up to invest £250 million in a commercial property in Cambridge, U.K. The agreement marks the second ...
Can machine learning help active managers outperform passive peers?
BY Kelsey Rolfe | November 6, 2019
Active investors should combine their own analytical work with the use of machine learning to get a leg up on their passive peers, according to a new paper. Fiona Frick, ...
Focusing on innovation helps CPPIB thrive through tricky markets
BY Martha Porado | November 6, 2019
While markets remain in the longest bull run in history, worries abound that the party has to come to an end. “Interest rates have been so ...
CPPIB buying U.S.-based renewable energy developer
BY Benefits Canada Staff | November 5, 2019
The Canada Pension Plan Investment Board is acquiring renewable energy company Pattern Energy Group Inc. in an all-cash deal. The purchase of the San Francisco-based company is ...
What global growth headwinds are investors focusing on?
BY Martha Porado | November 4, 2019
Depressed bond yields are stoking institutional investor concerns over global growth prospects for the coming year. “We’ve seen a similar pattern across the world,” said Alec Young, ...
Getting to know new Provident10 CIO Michel Malo
BY Yaelle Gang | November 1, 2019
At the beginning of September, Provident10, which oversees the administration and asset management for Newfoundland and Labrador’s Public Service Pension Plan, welcomed a new chief ...
