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Canada Pension Plan earmarks $119 million to J.W. Childs
trueCanada Pension Plan Investment Board committed US$119 million to J.W. Childs Equity Partners IV, a new midmarket private equity fund managed by J.W. Childs Associates.
BCIMC calls for 30% requirement for women on boards, in senior management
trueBritish Columbia Investment Management Corp. is calling for the Ontario Securities Commission to require Canadian corporations to reserve at least 30% of the positions for directors and senior management for women.
Christian Brothers doesn't want Buffett on Berkshire Hathaway's board
trueChristian Brothers Investment Services is opposing the election of all Berkshire Hathaway Inc. directors, including Warren E. Buffett, chairman and CEO.
More than half of Canadian pension funds eye further derisking measures
trueSeventy-one percent of Canadian defined benefit plans surveyed by benefits consultant Morneau Shepell said they've taken steps to derisk their plans since 2008.
Saskatchewan Government Insurance looking for investment consultant
trueSaskatchewan Government Insurance issued an RFP for a consultant for the investment portfolios of its four insurance companies, with a combined C$2.5 billion (US$2.27 billion) in assets, and the group's C$34 million defined benefit plan.
Former Canadian finance minister dies
trueJim Flaherty, former finance minister of Canada, died Thursday. He was 64.
Ontario Teachers appoints Perseus Capital president as new board chairman
trueJean Turmel was named board chairman of the C$140.8 billion (US$129.4 billion) Ontario Teachers' Pension Plan, Toronto, for a two-year term, effective Jan. 1, 2015.
OPTrust investments return 11.7% for 2013
trueOPTrust, which manages assets of the Ontario Public Service Employees Union Pension Plan, on Wednesday said its investments returned 11.7% in 2013, up from 10.1% a year earlier.
Ontario Teachers to vote against Coca-Cola compensation and equity plans
trueOntario Teachers’ Pension Plan, Toronto, will vote against Coca-Cola Co.’s 2014 executive compensation and equity plan, according to the C$140.8 billion (US$128.9 billion) plan’s website.
Marquest Asset Management chooses Cassels as subadviser
trueMarquest Asset Management hired Cassels Investment Management as subadviser of the C$205 million (US$188 million) Marquest Monthly Pay Fund and the C$3 million Marquest Monthly Pay Fund (Corporate Class), effective Tuesday.
Manitoba Teachers Retirement names new CEO
trueDenise Kehler was named president and CEO of the C$3.1 billion (US$2.8 billion) Manitoba Teachers’ Retirement Allowances Fund, Winnipeg.
Canadian pension funds in good shape at end of Q1, reports show
trueTwo reports on Canadian defined benefit plan funding painted slightly different but still fairly positive pictures for the first quarter.
Ontario Teachers chalks up 10.9% return for 2013
trueOntario Teachers' Pension Plan returned 10.9% on its investments in 2013, helping boost its total assets to C$140.8 billion (US$127.5 billion), according to the pension fund's annual report released Tuesday.
AMG acquires majority stake in River Road, minority share in EIG
trueAffiliated Managers Group announced two acquisitions Friday, taking a majority stake in U.S. equity manager River Road Asset Management from Aviva Investors North America and a minority equity stake in EIG Global Energy Partners from EIG management.
British Columbia Investment Management to set up shop in London
trueBritish Columbia Investment Management Corp. plans to open an office in London.