Canada Pension Plan Returns 5.6% in First Quarter
Strong investment gains raise total asset value to C$434.4 billion.
Strong investment gains raise total asset value to C$434.4 billion.
CPPIB continues to plow money into infrastructure investments.
Fund boosts renewable energy investments 100-fold since 2016.
Fund had allocated $7.5 billion to India, fiscal results show.
Canadian pension giant earned three- and five-year annualized returns of 10.5%.
Analysis shows a passive strategy could have cost CPPIB nearly C$50 billion since 2006-2007.
Foreign private equities were the investment portfolio’s top-performing asset.
Canadian pension plan eyes growth in emerging markets as valuations get bubbly in the developed world.
CPPIB, OTTP join consortium to acquire satellite telecommunications firm.
$3.8 billion deal between Canadian pension fund and pipeline company is to develop natural gas transportation.
CEO Machin expects the next few years to be ‘much more challenging’ for investments.