This week, the Financial Times released a list of the highest-paid pension CEOs, and interviewed observers from several corners who criticized the high compensation totals. On Wednesday, Leo Kolivakis of Pension Pulse weighed in on pension executive pay in an extensive piece. The post is re-printed below. _____________________________________ By Leo Kolivakis, Pension Pulse It’s about … Continue reading Leo Kolivakis on Paying Pension Executives
Canada Pension Plan Investment Board (CPPIB) CEO Mark Wiseman told Bloomberg this week that his fund can invest like “an 18-year old” as he looks to cut the fund’s bond allocation and move more money into riskier assets. CPPIB allocates 28 percent of assets to fixed income. That’s down from 95 percent 15 years ago. … Continue reading CPPIB Can Invest Like “An 18-Year-Old”, Says CEO As Fund Looks to Cut Bond Allocation
Caisse de depot et placement du Quebec, the entity that manages Quebec’s public pension assets, has unveiled plans to invest up to $500 million in residential and urban housing projects in Mexico. First up: a $100 million investment in two yet-unbuilt condo complexes. From the Yucatan Times: Ivanhoe Cambridge, the real estate unit of the … Continue reading Canada Pension To Invest Up To $500 Million In Mexico Real Estate Projects
Roger Martin, Academic Director of the Martin Prosperity Institute at the Rotman School of Management and the world’s 3rd most influential business thinker according to the Thinkers50 list, has written a thought-provoking column over at the Harvard Business Review. The premise of the column is that the largest pension funds are monopolistic entities – and … Continue reading Roger Martin: CalPERS, Other Top Funds Could Undermine Capitalism
Dozens of municipal workers in Montreal are facing criminal charges after participating in a protest that left the city hall in shambles. The protest stems from a proposed law, Bill 3, which would force workers to pay more into the pension system to cover funding shortfalls. From the Canadian Press: Montreal’s police chief says 44 … Continue reading 44 Municipal Workers Face Charges After Montreal Pension Protest
