Large Canadian pension funds are rethinking asset allocation with the onset of the COVID-19 pandemic and plan to move more assets in-house.
Tim Patterson, senior managing director and head of health-care investing at OMERS Private Equity, is leaving at the end of the month.
Edwin Cass was named chief investment officer at Canada Pension Plan Investment Board, making him the fund's first-ever dedicated CIO.
Vincent Delisle has been named head of liquid markets at Caisse de Depot et Placement du Quebec, replacing Macky Tall.
Macky Tall was named head of real assets and private equity at Caisse de Depot et Placement du Quebec.
Annesley Wallace was named chief pension officer of the Ontario Municipal Employees' Retirement System.
The Labourers' Pension Fund of Central and Eastern Canada made a $18.8 million investment into cannabis company WeedMD.
Alberta is proposing that management of the Alberta Teachers' Retirement Fund be shifted to Alberta Investment Management Corp.
Canadian defined benefit plans recording a median 1.6% return in the third quarter, data show.
Ontario Teachers plans to double its investment staff in Asia, while CPPIB will put up to one-third of its fund in emerging markets by 2025.
Small and midsize Canadian plans weigh teaming up to take advantage of private infrastructure investment opportunities.
UPS has issued $1.5 billion in bonds and plans to use part of the net proceeds to make early contributions to its U.S. pension plans.
North Carolina Supplemental Retirement Board of Trustees has voted to place a Wells Fargo Asset Management subsidiary on its watch list.
The retirement investment board for Fairfield, Conn., has terminated Mellon Investments as manager of a $22 million equity strategy.
Ontario Municipal Employees' Retirement System returned a net of 2.3% on its investments in 2018, below its custom benchmark's 7.3%.