Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Susan Smith wrote a special for the Globe and Mail, Canada’s pension safety net is strong but showing strains: Amid all the worry about the boomer bubble, longer lifespans and uncertain economic conditions, it’s comforting … Continue reading Cracks in Canada’s Pension Safety Net?
In September, Canada’s largest pension fund, the Pension Plan Investment Board, announced plans to open an office in India and to invest $6 billion in the country by 2022. Now, the second largest Canadian pension fund is following suit: Caisse de dépôt et placement du Québec, says it is making plans to open an India … Continue reading Second Canadian Pension Fund Looks to Open India Office
The Canada Pension Plan Investment Board (CPPIB) returned 18.3% net of fees in its fiscal year 2015, setting the fund’s record for single-year return. The fund beat its internal benchmarks, as well. From the Wall Street Journal: The performance exceeded CPPIB’s internal benchmark return of 17.0%. Canada’s pension funds measure themselves against internal benchmarks incorporating … Continue reading Canada Pension Posts New Single-Year Record With 18.3% Return
Canadian companies and pension funds collectively invested $2.75 billion in commercial U.S. real estate in the first month of 2015. In 2014, that number was a hefty $9.7 billion. What’s behind the binge? Leo Kolivakis of Pension Pulse gives 5 reasons why Canada’s pensions are snapping up real estate in the U.S., and elsewhere. _______________________________ … Continue reading Kolivakis: 5 Reasons Behind Canada Pensions’ Real Estate Binge
The CEO of the Canada Pension Plan Investment Board (CPPIB) told the Toronto Region Board of Trade on Monday that Canada should be looking overseas and around the world for growth opportunities. More on Mark Wiseman’s remarks from the Times Colonist: Meanwhile, Wiseman said in a speech prepared for Monday’s annual dinner of the Toronto … Continue reading CPPIB CEO Urges Canada to Look Overseas for Growth
The Canada Pension Plan Investment Board, among other pension funds, has been vocal about making India part of their long-term investment strategy. CalPERS hasn’t announced it from the top of the hills, but the numbers reveal that the country’s largest public pension fund is also taking considerable interest in India. CalPERS increased its exposure to … Continue reading CalPERS Put Its Money to Work in India in 2014
India’s Union Railway Minister said last week that investments in railroads were needed to avoid a “deterioration of services”. On Monday, Minister Suresh Prabhu said the foreign pension funds would be an ideal investment partner. From The Hindu Business Line: The Union Railway Minister Suresh Prabhu on Monday called for tapping overseas pension funds to … Continue reading India Invites Foreign Pensions to Invest in Railroad System
Some of the world’s most prominent pension funds have been eyeing Indian infrastructure investments. But pensions remain uninterested in the country’s debt. More from the Economic Times: Despite record inflows in 2014, Indian debt was unable to draw attention of perhaps the stickiest investors in global arena -sovereign wealth funds (SWFs) and global pension funds. … Continue reading Pensions Uninterested in Indian Debt
In December, the Canada Pension Plan Investment Board (CPPIB) made a $157 million investment in the infrastructure arm of an Indian engineering company. The CPPIB says investments with India are a “key part” of its long-term plans. Other pension funds may also find the county’s infrastructure to be an attractive investment. From the Economic Times: … Continue reading Pensions Eye Indian Infrastructure
CalPERS, the Canada Pension Plan Investment Board and other large funds from around the world are lining up to bid on an Indiana toll road that filed for bankruptcy last month. The toll road is operated by a private company, ITR Concession Co LLC. From Reuters: The interest in the asset shows that infrastructure investors … Continue reading CalPERS, Other Major Funds To Bid On Bankrupt Indiana Toll Road
