11th August, 2021
Fresh blood and promotions are leading to changes at the top team of Canada’s biggest public pension fund, the US$394 billion CPP Investments, which is promoting global talent at board and management levels.
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10th August, 2021
Australian infrastructure is proving to be a big draw for state-owned investors (SOIs) with foreign sovereign funds set to eclipse domestic SOIs as assets are auctioned off. Canadian public pension funds (PPFs) are leading the charge in the electricity utility space, having also boosted their exposure to the country’s real estate sector.
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30th July, 2021
Earlier this month, food delivery company Zomato went ahead with its planned IPO in the Bombay Stock Exchange, becoming India’s biggest offering of the year so far. The process was oversubscribed 10.7 times, and the company raised US$ 564 million from 186 anchor investors including ADIA, CPP, GIC and OMERS.
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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.
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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).
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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..
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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.
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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.
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28th June, 2021
Two Canadian public pension funds, CPP Investments and AIMCo, have committed nearly US$2 billion of capital to an Australia-based wireless and broadcast networks provider, BAI Communications, which they have co-owned since 2009.
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21st June, 2021
The pandemic appeared to pour cold water on the premium office and residential market as far as state-owned investors were concerned - but the situation could be shifting.
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17th June, 2021
Canada’s PSP Investments has reported its best performance in a decade with a 18.4% net return for FY2021, ending March 31. Not content in resting on its laurels, the fund is driving forward the evolution of its top-down total portfolio strategy and the development of data analytics to further improve decision-making.
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3rd June, 2021
India’s retail and office real estate is increasingly attractive to SOIs, just as interest has cooled in European real estate markets. And the punishing impact of the pandemic on the South Asian giant’s economy has not dented enthusiasm for the potentially strong long-term returns from this fast-growing country.
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