|
Maple Eight
The Maple Eight (Maple-8 or Maple 8) refers to the largest eight Canadian pension funds. The investment approach used by the Maple-8 is known globally as the 'Canadian model', in which they utilize a direct investment approach and internally manage their own assets and portfolios. Collectively, the pension funds control approximately $2.2T in assets, and are heavily influential in Canadian and global investment markets. The Maple-8 Members History In 1986, when the Government of Ontario sought to improve its public sector pension plans, investment strategist Keith Ambachtsheer recommended Peter Drucker's model, as outlined in his 1976 book, "The Unseen Revolution”. Drucker posited creating a more diversified, globally oriented investment portfolio, handled by hired, not appointed, non-political professionals who received competitive remuneration, would lead to higher returns. The Ontario Teachers' Pension Plan was the first to adopt the model in 1990 then other pension ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Ontario
The Government of Ontario () is the body responsible for the administration of the Provinces and territories of Canada, Canadian province of Ontario. The term ''Government of Ontario'' refers specifically to the executive—political Minister of the Crown, ministers of the Crown (the Cabinet/Executive Council), appointed on the Advice (constitutional law), advice of the premier, and the Nonpartisanship, non-partisan Ontario Civil service, Public Service (whom the Executive Council directs), who staff ministries and agencies to deliver government policies, programs, and services—which Corporate identity, corporately brands itself as the ''Government of Ontario'', or more formally, His Majesty's Government of Ontario (). Role of the Crown , as monarch of Canada is also the King in Right of Ontario. As a Commonwealth realm, the Canadian monarch is Personal union, shared with 14 other independent countries within the Commonwealth of Nations. Within Canada, the monarch exerci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retirement In Canada
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job for health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Funds
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund Open pension funds su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alpha (finance)
Alpha is a measure of the active return on an investment, the performance of that investment compared with a suitable market index. An alpha of 1% means the investment's return on investment over a selected period of time was 1% better than the market during that same period; a negative alpha means the investment underperformed the market. Alpha, along with beta, is one of two key coefficients in the capital asset pricing model used in modern portfolio theory and is closely related to other important quantities such as standard deviation, R-squared and the Sharpe ratio. In modern financial markets, where index funds are widely available for purchase, alpha is commonly used to judge the performance of mutual funds and similar investments. As these funds include various fees normally expressed in percent terms, the fund has to maintain an alpha greater than its fees in order to provide positive gains compared with an index fund. Historically, the vast majority of traditional fun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercer
Mercer may refer to: Business * Mercer (automobile), a defunct American automobile manufacturer (1909–1925) * Mercer (consulting firm), a human resources consulting firm headquartered in New York City, US * Mercer (occupation), a merchant or trader, more specifically a merchant who deals in textiles (mercery) ** Mercer, a member of the London guild of the Worshipful Company of Mercers * Mercer Pottery Company, a defunct American company * Mercer Union, an artist-run centre in downtown Toronto, Ontario, Canada People and fictional characters * Mercer (surname), a list of people and fictional characters with the surname * Mercer (given name), a list of people and fictional characters so named Places United States * Fort Mercer, American Revolution fort along the Delaware River in New Jersey * Mercer Township, Adams County, Iowa, an unincorporated community * Mercer, Maine, a town * Mercer, Missouri, a city * Mercer, North Carolina, an unincorporated community * Mercer, Nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; ), operating as CPP Investments (), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of March 31, 2025, the CPP Investment Board manages over C$714 billion in assets under management for the Canada Pension Plan on behalf of 22 million Canadians. Canadians contributed $15.9 billion to the fund from individual payroll deductions in fiscal 2024. CPP Investments is one of Canada's top eight pension funds, nicknamed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Drucker
Peter Ferdinand Drucker (; ; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and invented the concepts known as management by objectives and self-control, and he has been described as "the champion of management as a serious discipline". Drucker's books and articles, both scholarly and popular, explored how humans are organized across the business, government, and nonprofit sectors of society.Why Drucker Now? , Drucker Institute. He is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. His writings have predicted many ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OMERS
The Ontario Municipal Employees Retirement System (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario. As of December 31, 2024, OMERS had C$138.2 billion of assets under management, and an 8.3% investment return for the year. OMERS serves over 1,000 participating employers and more than half a million active, deferred and retired employees. OMERS members are employed by municipalities, school boards, transit systems, local electrical distribution companies, police service boards, fire fighting and paramedic services, children's aid societies and associated local agencies, boards and commissions. OMERS members include union and non-union employees of municipalities, school boards, local boards, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 Trillion (short scale), trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Healthcare Of Ontario Pension Plan
The Healthcare of Ontario Pension Plan (HOOPP) is a Canadian institutional investor that manages a multi-employer defined pension plan for healthcare workers in Ontario. It manages pension investments on behalf of its 460,000 members and 670 participating employers. HOOPP invests in a variety of asset classes, including fixed income, public equities, credit, private equity, real estate, and infrastructure. As of December 2023, HOOPP's net assets reached C$112.6 billion, making it one of Canada's largest pensions by assets under management. HOOPP is headquartered in Toronto, Ontario, Canada, but also operates an office in London, United Kingdom. OMERS is one of Canada's top eight pension funds, nicknamed the " Maple 8" or "Maple Revolutionaries History HOOPP was founded in 1960 by the Ontario Hospital Association with the participation of 71 hospitals as the Hospitals of Ontario Pension Plan. It was originally founded to provide a defined benefit pension plan to hospitals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
