Pension Investment Association of Canada

Happy Holidays! During this festive season, we extend our warmest wishes for a happy and successful New Year. Thank you for your continued support in making PIAC the voice of pension investment in Canada. We look forward to bringing you more resources, events and networking opportunities in 2025. The PIAC office will be closed between 1 PM on December 24 and 9 AM on January 2. #PIACPensions

In this interactive Member Forum, Dave Finstad, a senior investment professional with over 25 years of experience, and John Harvey, Manager of Investments at Nunavut Trust, will present the results of the first-ever survey on how PIAC members construct their public equity portfolios. They will highlight notable trends and key takeaways including: - Active vs passive exposure - Geographic allocations - Quantitative vs fundamental allocations - Number of manager relationships The forum will be an open, active dialogue about the public equity markets in general and strategies peers are employing to navigate the current environment. The survey, conducted in late 2024, received 33 responses from DB/DC plans and endowments covering over $150 billion in public equity AUM. Register Here (Members Only): https://lnkd.in/eNH5EC6S #PIACPensions #PublicEquity #PensionInvestment #PortfolioConstruction

Le Régime de retraite du personnel des CPE et des garderies privées conventionnées du Québec - Gestionnaire ou Gestionnaire principal de placements - marchés publics ou privés Sous la supervision du directeur de placements, le titulaire du poste est responsable de la gestion complète des portefeuilles (publics ou privés) allant de la recherche d’opportunité au suivi de performance en passant par le processus de sélection et l’implantation des mandats. Il appuie le directeur de placements dans le développement et la mise en œuvre de la stratégie et dans les présentations aux comités. - Investment Manager or Senior Investment Manager - Public or Private Markets Under the supervision of the Investment Manager, the successful candidate will be responsible for the management of the fund's public and private portfolios - from identifying opportunities based on performance through to the selection process and the implementation of mandates. The position entails assisting the Investment Manager with the development and implementation of the fund's strategy and with presentations to committees.   View the opportunity: https://lnkd.in/g73J4xHa   #PIACPensions

Don’t Miss Out - PIAC Responsible Investment Survey Deadline Tomorrow Take 15 minutes to get access to this important benchmark From proxy voting to ESG Integration, plan member engagement to climate initiatives, this PIAC survey is conducted every three years to take the pulse of how members are approaching responsible investing. Last conducted in 2021, the survey is an invaluable benchmark for members when reporting to boards or committees and an important resource for developing policies and procedures in line with the sector. But you must participate to view the full results.  The survey is only conducted every three years, so do not miss the opportunity to find out more about the responsible investing approaches of your peers within this rapidly evolving area. This survey takes approximately 15 minutes to complete. Responses are kept confidential and are aggregated so they are not attributed to specific members. Complete the Survey (members Only): https://lnkd.in/e8ZVyrjb #PIACPensions #ResponsibleInvesting #ProxyVoting #ESG

Communique Feature Article - Steve Mahoney Member Profile The quarterly newsletter recently shone a spotlight on Steve Mahoney, Chief Investment Officer at Nova Scotia Pension Services Corporation (NS Pension), a $14 billion fund with over 80,000 members. In this interview, Steve shares his achievements and challenges, his fund's unique investment policy and main objectives, and provides some excellent Recommended Reads. Read the full article here (Members Only): https://lnkd.in/g_y4nmuQ #PIACPensions 

Letter to OSC Regarding Staff Approach to Sustainable Finance On December 5, PIAC sent a letter of support to the Ontario Securities Commission (OSC) on their published Staff Approach to Sustainable Finance. The insights and strategic direction outlined in the OSC’s approach are timely and essential, particularly as capital markets globally shift towards incorporating environmental, social, and governance (ESG) considerations into their decision-making processes. The full submission can be read HERE: https://lnkd.in/eATRyGb   #PIACPensions #SustainableFinance #ESG

Celebrating Our Incredible Volunteers! Today, we shine a spotlight on the heart and soul of the Pension Investment Association of Canada —our amazing volunteers! Your dedication makes everything we do possible. Whether you’re sitting on one of our committees, organizing a conference, or hosting webinar, you are helping PIAC to achieve our four main goals of promoting investment best practices, good governance, knowledge sharing, and advocacy. We are grateful for your time and energy and for being an inspiration to others. You are the heroes behind the scenes, the champions of change and the reason we can create a meaningful impact in the pension sector in the best interest of member fund beneficiaries. Thank you for being the heart of our pension community. #PIACPensions

Member Roundtable with Robert Cultraro – PIAC Fall 2024 Communique Feature Every second issue, PIAC has a casual chat with an industry influencer that has an extensive career in pension investment. In this edition, we chat with ROBERT CULTRARO, whose career in pension investment spans over three decades, including 18 years at the Hydro One Pension Plan. Robert held the position of Chief Investment Officer and Pension Officer, responsible for the oversight of DB and DC pension plans with combined assets of over $8.5 billion. Robert stepped down earlier this year to focus on entrepreneurial endeavors in the area of pension and investment management. In a fun and friendly Q&A, Robert discusses his career trajectory, philosophical approach, leadership style, mentors, market outlook and offers some advice for professionals early on in their careers.   Read the article here (Members Only): https://lnkd.in/gMVxV9aR   #PIACPensions

Join a New Working Group for Small Pension Plans Help advance the discussion, tools and resources that directly impact you Small pension funds face a distinct set of challenges that can often be overlooked in broader industry discussions. This new PIAC Working Group provides a dedicated space for representatives of self-identified small pension funds to come together, share experiences, and identify solutions tailored to their specific needs - from external manager monitoring to ESG and regulations.  Interested or have any questions? Contact Don Andrews, PIAC Executive Director: https://lnkd.in/gFWh9NxY #PIACPensions

In this PIAC webinar on December 11, join leading experts from the Caisse de dépôt et placement du Québec (CDPQ) as they discuss institutional positioning, key roles, methodologies, and deliverables in the context of risk management. They will also present a post-electoral analysis of the US elections, with a focus on the risks and implications. PANELISTS: > Florian Debry has served as a Director at the CDPQ since 2017, where he oversees the political and geopolitical risks for investments in the Asia-Pacific region.  > Justine Lachance is an advisor with the Cross-Sectoral and Geopolitical Risks team where she oversees political and geopolitical risks for CDPQ’s investments in Europe and the United States.  > Edmond Assal, FSA, FICA, CFA Assal manages the CDPQ's Global Portfolio Risk team. He is the Chair of PIAC's Risk Management Committee. Register HERE (Members Only): https://lnkd.in/eNH5EC6S #PIACPensions #GeopoliticalRisk #InvestmentRisk #RiskManagement #PoliticalUncertainty #USElection2024