Canada

CANADA - The Ontario Teachers' Pension Plan Board has taken the unusual step of buying a direct share in a Canadian coal mining company.

CANADA - Canadian plan sponsors continue to reduce their investment in both domestic equity and fixed income and diversify their portfolios.

DENMARK/CANADA - Lehman Brothers is launching a new Danish Mortgage Index at the beginning of December in a bid to recreate its US-led success across European markets.

CANADA - The Association of Canadian Pension Management (ACPM) has called on the government to legislate on a number of issues surrounding defined benefit pension plans including the resolution of the Monsanto problem.

CANADA - State Street has been retained by the Canada Pension Plan Investment Board to provide custody, performance measurement and investment accounting services. Askari, a State Street business unit, will provide risk management services.

CANADA - The C$125bn (US$80.1bn) pension fund giant Caisse de dépôt et placement du Québec (CDP) and its real estate subsidiary, Cadim, are being sued by the Prime Group over a failed real estate deal.

CANADA - The C$12bn (US$7.6bn) Canada Pension Plan Investment Board (CPPIB) has committed C$386.7m (US$245m) to two new private equity funds.

CANADA - The C$7.2bn (US$4.7bn) Canada Post Corporation Pension Plan (CPCPP) has awarded TAL Global Asset Management a C$1.25bn (US$792m) bond mandate.

CANADA - The Canadian government is being sued by a gay-rights activist over Canada Pension Plan (CPP) survivor benefits.

CANADA - The C$125bn (US$80.1bn) pension fund giant Caisse de dépôt et placement du Québec (CDP), has made a C$19.5m (US$12.2m) private investment in Plastipak, a manufacturer of plastic injection products.