University of Iowa faculty members write that major collegiate employee retirement savings manager must divest from socially irresponsible farming pension fund investments and be transparent in doing so.
- Daily Iowan
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18 November 2020
Over the last three years, Australia’s agriculture and farmland have been in high demand for institutional investors in Canada searching for diversification and sustainability.
- Asian Investor
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15 October 2023
Zimbabwe's National Social Security Authority says it will begin to shift some of its investments to agriculture value chains such as maize, wheat, soya and export crops such as macadamia and blue berries.
- Zimbabwe Daily
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14 November 2020
Alberta pension fund pays $415 million for more than 1500 square miles of forest in Australia to be converted to timber plantations and agriculture.
- Dow Jones
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28 January 2011
Europe’s biggest pension fund manager is set to expand its Asia portfolio "primarily with additions of co-investments, joint-ventures and investor-led platforms with a focus on farmland and timberland".
- Asian Investor
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21 October 2019
Glencore Plc agreed to sell just-under a 10 percent stake in its agriculture unit to Canada’s British Columbia Investment Management Corp. for $624.9 million in cash as it continues to cut debt.
TIAA-CREF's Westchester group buys 17,200 ha Cobran Station, once Australia's largest rice farm, while Sweden's Forsta AP-fonden buys the 16,000 ha Merri Meric farm near Henty.
- The Australian
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10 December 2012
Swedish pension buffer fund AP2 and US pension fund manager TIAA-CREF have formed a joint venture to invest at least US$500 million in farmland in the US, Australia and Brazil.
- Global Pensions
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25 May 2011
It is the first time the US pension fund has awarded a separate account for the asset class, although in February it announced it was investing $125m in International Farming Corporation’s US Farming Realty Trust III.
A coalition of environmental, human rights and family farm organizations delivered a letter with over 100,000 signatures to pension fund management company TIAA, expressing concerns over the company’s investments in farmland and palm oil.
Australia's deputy prime minister on Tuesday urged the country's A$1.8 trillion (US$1.3 trillion) pension fund industry to boost its investment in agriculture as the sector gears up to meet strong demand from Asia.
UK-based SilverStreet Capital has received about $198 million in commitments to its Africa-focused fund from the Danish pension fund Pensionskassernes Administration (PKA) and the Overseas Private Investment Corporation (OPIC).
- Private Equity Africa
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01 July 2011
The sale of two New Zealand dairy farms to a Canadian government pension fund has been approved by the Overseas Investment Office.
Passive indices have been replaced by new sophisticated active indices and pension fund managers like APG are investing in natural resources assets, including farmland.
As a relatively new and untapped asset class, farmland remains mysterious to some insitutional investors. Greg Bright spoke to Charmion McBride, chief operating officer, global farmland, at Insight Investment in the UK.
- Top1000Funds
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02 February 2011
Brazil's land agency and a state court have determined that pension fund manager TIAA and Harvard University’s endowment fund illegally acquired hundreds of thousands of hectares of farmlands in Brazil’s ecologically sensitive Cerrado region.
- AATR, Rede Social, GRAIN
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17 December 2020
A group of Riverina farmers is demanding answers from the federal government over the sale of BFB, a large diversified agribusiness in Temora, which is being sold by a US private equity investor to a Canadian pension fund.
Investors from Canada and the Netherlands have almost half of all foreign forest and farmland holdings in the USA. The Canadian holdings reflect investment by timber companies, while the Dutch holdings reflect pension fund investments.
Český fond půdy hopes to make 2,000 individual land acquisitions a year.
Through Macquarie Asset Management, PFJC will invest in farmland with various crops, such as wheat, beans, cotton and avocados on farmlands spread across eastern and western Australia.
- Asian Investor
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14 August 2023
The Foreign Investment in Real Property Tax Act was first passed in 1980 by Congress to limit foreign control over US farmland. Obama now wants things changed.
- Costar Group
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03 April 2013
The UK's Environmental Agency Pension Fund is still seeking a manager for a £245m ‘real asset' mandate, set to include £65m in forestry and farmland.
- Professional Pensions
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11 Mar 2013
The Swedish National Pension Fund is teaming up with US institutional investor TIAA-CREF to buy farmland in Australia.
- Stock & Land
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14 June 2011
The bigger question—one Tasmania must answer soon—is how much of its food-bowl can be outsourced to balance sheets before community cohesion snaps.
In a rare move, Australia’s largest agricultural landholder by value, the mammoth Canadian pension fund PSP, has listed a significant cropping aggregation in southern Queensland for sale.
- The Weekly Times
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31 October 2024
Le puissant Norwegian Government Pension Fund Global donne deux ans au groupe français Bolloré pour améliorer le sort des travailleurs de la Société camerounaise des palmeraies, sa filiale indirecte.
- Reporterre
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07 August 2024
You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
Hewitt Cattle Australia, a joint partner of Canadian pension fund – Public Sector Pension Investment Board (PSP Investments), has listed its Mt. Cooper aggregation in Northern Queensland for sale.
Swedish pension fund AP2 plans to conduct an external audit in response to criticism by Swedwatch for not disclosing the precise locations of its Brazilian farm holdings.
The Financial Times reported this week that TIAA-CREF is developing a new “investment vehicle” that will bet the retirement funds of millions of American on the rising price of farmland around the world.