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Canada’s Australian Farming Empire Continues to Grow

16th April, 2024

PSP Investments’ acquisition of around 8,000 hectares of farmland in New South Wales is an example of a tide of capital by Canadian state-owned investors in Australia’s vast agricultural sector.

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CDPQ Performance is a Mixed, but Green Assets Helped Drive Growth

12th April, 2024

Canadian public pension fund CDPQ has published its full annual report and sustainable investment report, giving an insight into factors that supported and undermined performance in 2023 – revealing that its green assets supported growth, while private equity was hit by high financing costs.

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Poor Real Estate Returns Drag Down Returns of Canada's CDPQ and OMERS

26th February, 2024

The real estate slump dragged down the investment returns for two of Canada’s biggest public pension funds, CDPQ and OMERS, which reported their annual results in recent days - results that confirmed Global SWF's finding of a negative correlation between one-year returns and allocation to alternatives in 2023.

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CDPQ and SWF-Backed Cube Highways Drive Towards US$1.2bn Indian Highways Bid

20th February, 2024

Indian highways could receive another capital boost from Canada, despite the geopolitical ructions between Delhi and Ottawa, with CDPQ among those expressing interest in acquiring a roads portfolio from India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF).

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CDPQ Leads State-Owned Investors in Aircraft Leasing and Finance

31st January, 2024

Canadian public pension fund CDPQ’s US$1.5 billion aircraft leasing partnership with SMBC Aviation Capital, announced this week, is the latest in a line of similar investments in aircraft lessors by state-owned investors, seeking to provide fleets to operators instead of the more complex business of running an airline.

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Ending the Silos: CDPQ Follows OTPP in Integrating Real Estate Subsidiaries

25th January, 2024

CDPQ has made the surprise move of integrating its real estate subsidiaries Ivanhoé Cambridge and Otéra Capital as it rearranges its real estate portfolio and brings it firmly under the ambit of the management, resulting in the departure of Ivanhoé Cambridge’s CEO Natalie Palladitcheff when the consolidation is completed in 18-24 months.

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APG is the Latest to Leave Beijing

23rd January, 2024

The Netherlands’ civil service pension fund manager APG has shut down its Beijing office due to a lack of interest among its clients, following the decision four months ago by the world’s biggest sovereign wealth fund, Norges Bank (NBIM) to end operations in Shanghai.

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Announcing 2024 Annual Report and Presentation

15th December, 2023

On Monday, January 1, 2024, we will be releasing the industry’s most timely, rigorous, and insightful account of the activity and trends of Sovereign Wealth Funds and Public Pension Funds during 2023. The report is titled “State-Owned Investors Powering Through Crises” and includes the following sections:

CDPQ Joins Surge of Sovereign Investor Commitments to Brazil

21st November, 2023

Canadian public pension fund manager CDPQ is preparing to deploy up to C$5 billion (US$3.6 billion) in capital to Brazil over 2024-27, on top of around C$8 billion (US$5.8 billion) already invested in the country since it started buying Brazilian assets in 2006.

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NBIM’s Investment in Boston Exceeds US$3.3bn After Life Science Campus purchase

15th November, 2023

Norway’s sovereign wealth fund manager continues to pile tens of millions into Boston real estate with its latest acquisition being a life sciences campus that is in the early stages of development.

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Canadian Funds Adjust Portfolios With Multi-Billion Divestments in Secondaries

10th November, 2023

Quebec’s public pension fund CDPQ is set to join the federal-level CPP Investments in selling weighty secondary portfolios to free up liquidity towards new priorities.

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Sovereign Investors' Slash Chinese Equities to Multi-Year Low

9th November, 2023

State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.

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