Pension Investments

(July 21, 2015) The Canada Pension Plan Investment Board (CPPIB), through affiliate CPPIB Credit Investments Inc., is providing a secured term load of up to $650 million to an American hotel proprietor. The load is being given to Marina District Finance Company, which owns and operates the Borgata Hotel Casino & Spa...

(July 20, 2015) UK savers have taken out more than £1.8 billion from “their pension pots during the first two months of the new retirement freedoms, according to new figures,” reports This is Money. According to the Association of British Insurers, Britons with smaller pots are more likely to cash them out than those...

(July 20, 2015) Yet another large Canadian pension fund has posted a double-digit return on investments. The British Columbia Investment Management Corporation (bcIMC) earned an annual combined pension return, net of costs, of 14.2 per cent for the 2015 fiscal year, reports Benefits Canada. The results “were driven by...

(July 14, 2015) Theodore Eliopoulos, CIO of CalPERS, attributed the fund’s year-end ROI to weak equity and fix-income markets, reports Pensions & Investments (PI). The fund reported its preliminary investment returns of 2.4 per cent for the fiscal year, ending June 30. It was 5.1 percentage points behind its 7.5 per...

(July 14, 2015) Pension experts and policymakers say the absence of adequate retirement income is driving a social and economic crisis. A new report continues that warning, saying that insufficient retirement income could “put a drag on capital markets for at least five years and likely longer, driving financial...

(July 13, 2015) The Caisse de dépôt et placement du Québec is taking a look at potential ownership of two rapid transit projects in the Montreal area, reports QP Briefing. The fund has established a new unit, CDPQ Infra, to consider the projects. It’s “a new operating subsidiary that will evaluate the commercial...

(July 9, 2015) Continuing to work after leaving long-term employment is a new reality for many Canadians, including well-known financial writer and blogger Jonathon Chevreau. In a post headlined What semi-retirement really looks like, Chevreau writes about his own experiences as a ‘part-time’ retiree, finding that...