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Quebec's Caisse names Asia-Pacific managing director
trueEdouard Merette has been appointed managing director, Asia-Pacific for Caisse de Depot et Placement du Quebec, the Montreal-based money manager for provincial, municipal and other pension funds in Quebec as well as other provincial entities, announced Thursday.
BMO filling European gap with F&C
trueBank of Montreal's acquisition of F&C Asset Management will help build a link from its money management subsidiary in North America to the other side of the Atlantic, nearly 150 years after the firms' paths first crossed.
Ontario Teachers looks to add Bristol airport to portfolio
trueThe Ontario Teachers' Pension Plan's investment in airports continues to take flight.
AIMCo acquires mortgage portfolio from OMERS
trueAlberta Investment Management Corp., Edmonton, acquired a C$520 million (US$477 million) mortgage portfolio from the C$65.1 billion Ontario Municipal Employees’ Retirement System, Toronto.
Quebec's Caisse posts 6.7% return for first half of year
trueCaisse de Depot et Placement du Quebec, Montreal, said Friday it returned 6.7% on its investments in the first six months of the year.
Canada Pension Plan returns 1.6% in 2nd quarter
trueCanada Pension Plan, Ottawa, returned a gross 1.6% for the quarter ended June 30.
Nova Scotia Workers' Compensation looking for outsourced CIO
trueWorkers’ Compensation Board of Nova Scotia, Halifax, is searching for a firm to provide outsourced CIO services for the board, which has C$1.5 billion (US$1.4 billion) in assets.
BlackRock adds iShares Canada managing director
truePat Chiefalo was named managing director and head of product for BlackRock's iShares Canada.
Wood Buffalo in Alberta looking for record keeper
trueWood Buffalo, Fort McMurray, Alberta, issued an RFP for a record keeper for its two defined contribution plans
Canada Pension Plan adds US$334 million in multifamily investments
trueCanada Pension Plan Investment Board, Toronto, committed an additional US$334 million to multifamily luxury rental real estate developments in California, Georgia and Massachusetts through joint ventures.
Ontario utility pension funds unstable, government report says
trueOntario’s four government-run energy-sector pension plans with a combined C$15.8 billion (US$14.5 billion) in assets are unstable and don’t have strategies to handle future deficits if they underperform actuarial assumptions, said an Ontario Finance Ministry report.
Canadian pension funds return 3% in quarter, survey finds
trueCanadian defined benefit funds in the RBC Investor & Treasury Services universe returned 3% in the second quarter and 7.8% for the first six months of the year.
Ontario Legislature clears way for supplemental pension plan
trueThe Ontario Legislature Thursday passed the province's 2014-'15 budget, which sets off the process of creating a provincial pension plan to supplement the C$219.1 billion (US$203.3 billion) Canada Pension Plan.
AIMCO's de Bever points to 'next frontier' of investing
trueLeo de Bever, CEO of the C$70 billion (US$65.2 billion) Alberta Investment Management Corp. told participants at a financial analysts conference Thursday that pension funds and other institutional investors need to get out of their comfort zones to take advantage of “the next frontier” of long-term ...
OPTrust promotes 2 to private markets co-heads
trueGavin Ingram and Sandra Bosela were promoted to co-heads of private markets at OPTrust.