GFM Network News

B.C. pension funds to get piece of Glencore ag unit

The investment firm for British Columbia’s public-sector pension funds is set to buy just under 10 per cent of the agricultural arm of commodities firm Glencore. Swiss-based Glencore announced Thursday it has a “definitive” deal to sell 9.99 per cent of its “Glencore Agri” business for US$624.9 million cash to the B.C. Investment Management Corp. […] Read more

Funds blocked from investing in Sask. farmland, for now

Saskatchewan’s government plans to take a closer look at its rules on investment in farmland, but will block such investments by pension funds and other “institutional” investors while the review is underway. The province said Monday it will soon run further consultations and a review of farmland ownership rules as now laid out under the […] Read more