Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Matt Scuffham of Reuters reports, Canada pension funds hold back on U.K. deals ahead of Brexit vote: Some of Canada’s top pension funds, among the world’s biggest investors in British real estate and infrastructure, are … Continue reading Canada’s Pensions Worried About Brexit?
Former Canadian Prime Minister Stephen Harper had planned to raise the country’s retirement age to 67. But current PM Justin Trudeau said this week that was a “simplistic solution […] to a complex problem”, and indicated the retirement age would stay at 65. More from the Toronto Star: Canada will keep its retirement age at … Continue reading Canada’s Trudeau: Retirement Age Will Stay At 65
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?
The Canada Pension Plan Investment Board is continuing its expansion into Brazil, even as the country goes through troubled economic times. The fund is adding two people to its Sao Paulo office, according to Bloomberg, despite the fact the the country’s credit rating was lowered another notch this week. Bloomberg talked to CPPIB’s Rodolfo Spielmann, … Continue reading Canada Pension to Continue Brazil Expansion
Canada’s big pension funds pioneered the process of directly investing in infrastructure; as the above chart shows, the country’s largest funds are some of the biggest infrastructure investors in the world. But those pension funds are starting to pump the brakes on big infrastructure deals in what one official calls an “overheated” market, according to … Continue reading Canada’s Biggest Pension Funds Walking Away From Some Infrastructure Deals in “Overheated” Market
Mark Wiseman, the chief executive officer of Canada Pension Plan Investment Board, spoke about long-term investing at the World Economic Forum this week. Wiseman said he sees the current market as a “buying opportunity”. More from Bloomberg: The sell-off roiling stock markets from Shanghai to New York offers an opportunity to buy assets as long-term … Continue reading In Panicked Market, Canada Pension Head Says: “Buy”
The collective funding status of Canada’s pension plans fell slightly in 2015, according to Mercer. Median plan funding was at 88 percent at the beginning of 2015, but now stands at 85 percent. Poor equity performance – particularly Canadian equities, which returned -8.3 percent for the year – was one reason for the funding decline. … Continue reading Canada Pension Funding Ticked Downward in 2015: Report
The Canada Pension Plan Investment Board on Monday made its first foray into the U.S. student housing market. The CPPIB will own a 47.5% stake in a $1.6 billion portfolio of university student housing, which the pension fund has committed to buy along with two other investors. More details from the Wall Street Journal: Canada … Continue reading Canada Pension Makes First Bet on U.S. Student Housing
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Matt Scuffham of Reuters reports, Canada’s top 10 pension funds tripled in size since 2003: Canada’s biggest 10 public pension funds now manage assets worth more than $1.1-trillion, having tripled in size since 2003, according … Continue reading Shining A Light On Canada’s Top Ten?
The size of the portfolios of Canada’s 10 largest pension funds has tripled since 2003, according to a study conducted by the Boston Consulting Group. Another interesting takeaway from the study: the assets under management of those 10 funds are equal to 45 percent of Canada’s GDP. More from Reuters: Canada’s biggest 10 public pension … Continue reading AUM of Canada’s Largest Pensions Have Tripled Since 2003: Report
