innovation

CPPIB investing in build-to-rent property in south London

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The Canada Pension Plan Investment Board is strengthening its partnership with property group Lendlease through an agreement to invest in a new building in south ...

How West Fraser is taking a phased approach to pension plan annuitization

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West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood ...

How pension plans can implement TCFD recommendations

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With the task force on climate-related financial disclosures becoming increasingly common in institutional investor circles, how can Canadian pension plans start to use its guidance effectively? During a webinar ...

Franklin Templeton acquiring Legg Mason and affiliates

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Franklin Resources Inc., operating as Franklin Templeton, is acquiring investment management company Legg Mason Inc. The all-cash deal priced Legg Mason’s common shares at US$50. As part ...

Ontario Teachers’ buys stake in cybersecurity firm, Caisse portfolio companies make acquisitions

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The Ontario Teachers’ Pension Plan is joining a consortium to purchase RSA Security in an all-cash transaction for more than $2.07 billion, subject to certain adjustments. RSA is ...

Are central banks running out of tools in their toolbox?    

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Central banks’ actions have gone too far and they’re running out of tools in their toolbox, according to Erik Weisman, chief economist at MFS Investment ...

Coastal GasLink pipeline investor AIMCo committed to closing deal despite protests

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The Alberta Investment Management Corp., an investment firm buying a stake in the Coastal GasLink pipeline, says it remains “committed” to the deal despite protester ...

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 ...

Contex Group Inc.