Investment

CANADA - The Ontario Teachers' Pension Plan has acquired CTVglobemedia's remaining 7.7% stake in Maple Leaf Sports and Entertainment (MLSE), owner of several sports franchises including hockey league Toronto Maple Leafs.

I am sure most of you will have clicked through to the lead story where PP star reporter Jenna Towler grills our latest pensions minister Angela Eagle.

Jenna Towler talks to pensions minister Angela Eagle about the progress of the reform agenda and the future of defined benefit provision

Trustees considering implementing fiduciary management must be on their guard to ensure they get the best deal for their scheme needs, AllenbridgeEPIC warns.

The remit of the personal accounts trustee board appears to give "unfettered power" to the scheme trustees, Bluefin warns.

Pension schemes are still eyeing opportunistic investments despite the severity of the current crisis, asset managers say.

UK - Defined contribution pension funds have returned to the value they were before the recession started in September last year, Aon Consulting figures showed.

Defined contribution pension funds have returned to the value they were before the recession started in September last year, Aon Consulting figures show.

US - CalSTRS is set to review its global equity mandates and will make changes "as necessary" in the wake of losses in excess of 30% last year, the scheme outlined in its 10-year investment plan.

UK - The Universities Superannuation Scheme (USS) has paid £1.8m (US$2.9m) in bonuses to its investment staff despite its funding level dropping severely, according to its annual accounts.