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Manulife Asset Management names president of Canadian business
trueRoger Renaud was named president, Canada, at Manulife Asset Management.
CPPIB commits C$330 million to Canadian private equity fund of funds
trueCanada Pension Plan Investment Board committed C$330 million (US$260 million) to a new Canadian private equity fund of funds managed by Northleaf Capital Partners.
Ontario Power Generation chooses Mercer exec as director of private markets
trueRyan Bisch joined Ontario Power Generation as director, private markets, for the firm's investment funds.
CPPIB promotes chief talent officer to oversee external partnership division
truePierre Lavallee was named senior managing director and global head of investment partnerships at the C$234.4 billion (US$189.1 billion) Canada Pension Plan Investment Board.
PSP Investments picks CPPIB executive as new CEO
trueAndre Bourbonnais was named president and CEO of the C$99.5 billion (US$80.2 billion) Public Sector Pension Investment Board, Montreal.
Pension fund performance up on strong markets
trueAnother strong year for equity markets, coupled with the year's comeback in bonds, propelled the investment returns for pension funds in seven major markets in 2014.
Alberta Investment Management hires new CIO
trueDale MacMaster was named chief investment officer at the C$80 billion (US$64.5 billion) Alberta Investment Management Corp., Edmonton.
Canada cuts key rate as oil shock clobbers inflation outlook
trueThe Bank of Canada became the first central bank in the Group of Seven to cut interest rates in response to plummeting oil prices, saying the shock will weigh on everything from inflation to business spending.
Ontario Teachers snags CIC exec to manage private capital efforts in Asia
trueOlivia Ouyang joined Ontario Teachers’ Pension Plan in Hong Kong as director of the C$140.8 billion (US$117.9 billion) plan’s private capital efforts.
Caisse enters agreement with Quebec to develop, manage infrastructure projects
trueA new agreement between Quebec and Caisse de Depot et Placement du Quebec calls for the Montreal-based money manager to develop and manage infrastructure assets for the province.
Investment will help firm cut its coal usage
trueThe manager of Quebec's pension funds is plugging into an energy provider for the capital of the Hoosier State.
Ontario requiring all DB funds to disclose ESG data
trueA regulation enacted by the Ontario Parliament late last year will require trustees of all occupational defined benefit pension plans in the province to disclose whether environmental, social and governance factors are incorporated in the pension fund’s investment policies and procedures.
American Academy of Actuaries gives shared-risk model top retirement system grade
trueRetirement systems and ideas for reforming them have a new grading system from the American Academy of Actuaries.
Special Forces Pension Plan looking for actuarial consultant
trueSpecial Forces Pension Plan, Edmonton, Alberta, is searching for an actuarial consultant for the C$2.03 billion (US$1.72 billion) defined benefit plan.
Canadian DB plans end 2014 with lower funding ratios
trueThe funded status of Canadian defined benefit plans administered by Aon Hewitt was a median 90.6% as of Wednesday, down 0.5 percentage points from three months earlier and 2.7 percentage points below the median at the end of 2013.