1st October, 2021
In 2020, the impact of COVID-19 was felt among investment managers across the world and AIMCo was no different, incurring large losses. Since then, in an attempt to pursue stability and sustainability, the Alberta-based organization has appointed a new CISO, CRO, CFO, and on July 1 this year, a new CEO. As a result of some of these efforts, the fund enhanced its result in Global SWF’s GSR Scoreboard, from 84% in 2020, to 92% in 2021. We had the great pleasure of hearing more from Mr. Mark Prefontaine, AIMCo’s Chief Client & Stakeholder Relations Officer.
20th September, 2021
Earlier today, Transurban announced that it would acquire the remaining 49% in WestConnex along with a group of State-Owned Investors including AustralianSuper, ADIA, CPP and CDPQ. The NSW Government expects to receive US$ 8 billion for the privatization, which will use to keep fueling NGF’s growth. So, in a way, NSW keeps benefitting from its relationship with Québec’s government, QGF and, ultimately, CDPQ.
Subscriber Post
20th August, 2021
The formation of a US clean energy firm Arevon Energy by APG, CalSTRS and ADIA this week comes hot on the heels of US Senate approval of a US$1.2 trillion bipartisan infrastructure bill that underscores the Biden administration’s renewable energy agenda.
Subscriber Post
19th August, 2021
The Canadian public pension fund Caisse de dépôt et placement du Québec (CDPQ) reported a mid-year return of 5.6% for end-June, outperforming its benchmark return of 4.4% due to robust performance in real assets and bringing net assets to C$390 billion (US$304 billion).
Subscriber Post
11th August, 2021
Fresh blood and promotions are leading to changes at the top team of Canada’s biggest public pension fund, the US$394 billion CPP Investments, which is promoting global talent at board and management levels.
Subscriber Post
10th August, 2021
Australian infrastructure is proving to be a big draw for state-owned investors (SOIs) with foreign sovereign funds set to eclipse domestic SOIs as assets are auctioned off. Canadian public pension funds (PPFs) are leading the charge in the electricity utility space, having also boosted their exposure to the country’s real estate sector.
Subscriber Post
30th July, 2021
Earlier this month, food delivery company Zomato went ahead with its planned IPO in the Bombay Stock Exchange, becoming India’s biggest offering of the year so far. The process was oversubscribed 10.7 times, and the company raised US$ 564 million from 186 anchor investors including ADIA, CPP, GIC and OMERS.
Subscriber Post
27th July, 2021
Four leading state-owned investors have thrown their weight behind the Brookfield Global Transition Fund to invest in clean energy and bolster the Paris climate commitment of net zero by 2050.
Subscriber Post
27th July, 2021
Last Friday, GIC reported its best results in a long time, with rolling returns improving significantly and implying an annual yield for FY21 of 37.5%. Yesterday it was BCI who reported a 16.5% (FY ending on March 31) and CalSTRS who announced a record of 27.2% (FY ending on June 30).
Subscriber Post
14th July, 2021
The US office real estate market has received a US$1 billion boost, supported by Singaporean sovereign wealth fund GIC and Canada’s biggest public pension fund CPP Investments, alongside property developer Boston Properties. GIC has allocated US$500 million to the program, while CPP and Boston Properties have each allocated US$250 million..
Subscriber Post
7th July, 2021
The pandemic has not deterred Canada’s CPP Investments from joining the multi-billion pound bidding war for British supermarket chain Morrisons, as retail revives and investors look to growth in both real estate values and online grocery sales.
Subscriber Post
5th July, 2021
Australian real estate is proving to be a big draw for state-owned investors with the latest transaction involving an Australian-Canadian partnership buying up Moorebank Logistics Park (MLP) in southwest Sydney for A$1.67 billion.
Subscriber Post