Layan Odeh

Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to transform itself into an investment-led insurer.

British Columbia Investment Management Corp. is closing two global stock-picking strategies that oversee about C$4.3 billion ($3.1 billion), as it contends with a contracting pool of publicly listed firms.

Mortgage Company of Canada Inc. paused redemptions and monthly distributions in the latest sign of stress rippling through Canada’s private real estate investment sector.

AllianceBernstein Holding LP is teaming up with Brookfield Asset Management and Carlyle Group Inc. to offer private-markets investments to everyday retirement savers.

Canadian fund manager Mackenzie Investments has laid off a number of portfolio managers as part of a broader restructuring, according to people familiar with the matter.

Canada Pension Plan Investment Board notched a 7.8% return in its most recent fiscal year, as gains on stocks and data center investments helped offset the impact of a softening US dollar and a weak year in private equity.

Canada Pension Plan Investment Board’s top executive said the firm is getting increasingly uncomfortable with rich valuations in a stock market that’s dominated by technology and artificial intelligence companies.

Plus: Layoffs at Mackenzie Investments

British Columbia Investment Management Corp. created a team within its private equity unit to provide financing to buyout firms that are increasingly looking for new ways to drum up cash amid a prolonged dealmaking drought.

Bloom Energy Corp. struggled for years to convince investors its fuel cells were a practical alternative to cheaper sources of electricity. Then Brookfield Asset Management Ltd. came along right as the AI boom ramped up.