Canada

CANADA - Employer-sponsored pension funds recorded their first decline in assets in more than a year in Q2, research shows.

UK/US/CANADA - A financial support direction issued by The Pensions Regulator against insolvent companies is an expense of the administration and must be complied with, the High Court has ruled.

CANADA - BTG Pactual has sold a $1.8bn stake to a group of international investors including the Ontario Teachers' Pension Plan (OTPP).

UK/US/CANADA - The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.

CANADA/NETHERLANDS - The Canada Pension Plan Investment Board and APG have teamed up to buy a 50% in a Westfield Stratford City in London.

AUSTRALIA/CANADA - Intoll shareholders have voted in favour of the company's A$3.5bn ($3.1bn) acquisition by the Canada Pension Plan Investment Board (CPPIB).

CANADA - The Caisse de dépôt et placement du Québec has appointed Oliver Fratzscher as strategic advisor to the chief investment officer and the president and chief executive officer.

CANADA - Ottawa's unfunded pension obligations are C$65bn ($64bn) higher than previously calculated, a report shows.

CANADA - The Canada Pension Plan reported a 6.6% return on its investments in Q2 on the back of strong performance by global equities.

CANADA - The Workplace Safety and Insurance Board of Ontario hired State Street to provide custody, accounting, securities lending and investment analytics to C$15bn ($24.3bn) in assets.