CANADA - The Caisse de dépôt et placement du Québec has committed C$39.8m (US$37.2m) to Canadian technology company GLV, as part of an ongoing programme to invest C$1.5bn in Quebec-based firms.
US/UK - The US should adopt the UK's practice of allowing shareholder advisory votes on executive compensation, a new report released today argued.
AUSTRALIA: Future Fund invests in UK property; NEW ZEALAND: NZ Superannuation up 6.31%; CANADA: CPPIB
CANADA - The head of the Canada Pension Plan Investment Board (CPPIB) said the country's pension system needs to be reformed and suggested creating a mandatory supplemental pension plan to complement existing arrangements.
US - Manager search activity increased in the first half of the year as investors funnelled 327% more assets into new fixed income mandates than last year, according to data compiled by Mercer.
CANADA - The C$87.4bn (US$81.8bn) Ontario Teachers Pension Plan (OTPP) will acquire an additional 35.5% stake in UK-based Bristol International Airport (BIA) in a deal with Macquarie Airports.
US - Public pension schemes saw their funding positions deteriorate significantly in 2008, according to a new report by Wilshire Consulting.
US - The Mayor of Philadelphia is seeking the approval of state legislation to defer pension payments in order to prevent job losses and other cuts in the city.
US - The funding status of S&P 1500 company pension schemes "remained broadly unchanged" in August despite a continued recovery in equity markets, Mercer says.
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.