Canada

CANADA - SAM Private Equity is opening an office in Montreal following its appointment by Caisse de Depot et Placement du Quebec (CDP) as manager of the energy venture capital portfolio.

CANADA - A recent Supreme Court of Canada ruling regarding the distribution of actuarial surplus in the event of a partial pension plan wind up will further weaken Canada's already-troubled private-sector defined benefit pension system, says Watson Wyatt....

CANADA - The Canada Pension Plan (CPP) returned 1.2% for the second quarter of the year, with the strength of fixed income offsetting poor performance across other portfolios.

CANADA - The Canada Pension Plan (CPP) Investment Board has announced commitments to one existing and three new private equity partners, boosting the total invested in private equity by the Board to CAN$740m.

CANADA - RBC Global Services is offering web-enabled risk management tool BENCHMARK RiskManager as a result of the expansion of its strategic alliance with RiskMetrics Group.

UK/CANADA - Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan, has partnered with London-based firm Bioscience Managers Limited (BML) to invest in Canadian life science companies.

CANADA - Pensioners of the Bank of Canada have taken legal action against their former employer over alleged misuse of the pension plan's assets.

CANADA - Approximately 50% of federally regulated defined benefit pension plans are underfunded, Canada's federal financial institutions watchdog has revealed.

CANADA - The Canada Pension Plan (CPP) Investment Board and RioCan Real Estate Investment Trust have formed a strategic alliance to acquire premier regional power centres in Canada.

CANADA - The chief financial officer of flight simulator company CAE Inc has quit to take up a position with the Ontario Municipal Employees Retirement System pension fund.