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Fund managers not fussed about potential mining rally


The mining sector has underperformed global markets for an unprecedented five straight years. A sixth wouldn’t come as a shock, but according to Citigroup analysts, fund managers are giving more thought to the possibility that the sector has bottomed and is poised to rally in 2016. The broader question, however, …

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Suncor, Cenovus launch $100 million cleantech fund


The oilsands is tapping Silicon Valley talent to tackle some of its biggest environmental challenges. Oilsands companies Suncor Energy Inc. and Cenovus Energy Inc. are set to launch a $100 million Evok Innovations fund in Vancouver Thursday in collaboration with BC Cleantech CEO Alliance. U.S. technology entrepreneur Marty Reed will …

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CPP Fund gain on loonie’s drop delivers 4.5% return on investments in quarter ended Dec. 31


TORONTO — The CPP Investment Board says the funds it manages for the Canada Pension Plan delivered a 4.5 per cent return, after costs, in the final three months of 2015. As of Dec. 31, which marks the end of CPPIB’s 2015-16 fiscal third quarter, the CPP Fund had $282.6 …

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