CANADA - The Canada Pension Plan (CPP) ended the fiscal year with a C$20.6bn ($21bn) increase in assets under management, marking an all-time high for the fund.
Assets rose from C$127.6bn at the end of fiscal 2010 to C$148.2bn on March 31, consisting of C$15.5bn in investment income and C$5.4bn in net CPP contributions. The portfolio returned 11.9% for fiscal...
CANADA - Canadian pension funds kept mergers and acquisitions (M&A) activity in the country afloat in the third quarter, according to PwC.
CANADA - The nascent Canadian longevity risk transfer market could hit $20bn by 2020, Swiss Re finds.
CANADA/US - Teachers' Private Capital, a unit of the C$107.5bn ($106.4bn) Ontario Teachers' Pension Plan, and the $37.3bn Teachers' Retirement System of the State of Illinois have made equity investments to finance company NXT Capital.
CANADA - Canadian pensions marked their lowest quarterly returns since the start of the financial crisis on the back of world-wide market uncertainty, said RBC Dexia.
CANADA - CPP Investment Board (CPPIB) and Oxford Properties, the real estate arm of the Ontario Municipal Employees Retirement System, have teamed up to build the Royal Bank of Canada's new Toronto headquarters.