Asif Haque, chief investment officer of the pension plan created for the Ontario college system that now invests on behalf of 700 employers in various industries, told Bloomberg that CAAT is “very interested in continuing to invest in our own country,” and is “intrigued” by opportunities in Europe and Asia. (Bloomberg)

Talking point: U.S. President Donald Trump’s trade war has shaken up the financial world, and Canada’s pension plans are no exception. After increasing their stakes in U.S. assets for years as the country experienced strong economic growth, Canadian fund managers are increasingly looking elsewhere. As my colleagues Catherine and David R. reported in September, investment giant Brookfield pitched domestic pension funds on a new $50-billion fund focused on Canadian assets. The proposal followed a government consultation last year with the country’s pension funds on how to incentivize them to invest more at home.