The vast majority (95.7 per cent) of defined benefit (DB) pension scheme trustees believe they need to consider re-aligning their investment strategy to achieve long-term funding objectives, with 91.5 per cent prioritizing this for 2021, industry research has found.
Ontario Municipal Employees’ Retirement System almost quadrupled its stock holdings in Asia-Pacific last year and plans to keep boosting its exposure to the fast-growing region over the next several years.
Canadian pension funds are seeking to boost their real estate investments, betting the slumping property market will recover as the COVID-19 pandemic recedes and office workers and city dwellers return to downtown properties.
Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading opportunistic credit manager, today announced that it completed fundraising for Kennedy Lewis Capital Partners Master Fund II LP (“Fund II”) with $2.1 billion of capital commitments.
The Wall Street firm’s revenue rose 18% above 2019’s fourth-quarter level as it benefited from a relatively small loan book and heavy exposure to underwriting and trading securities.