Asset Allocation
Utilities, Real Estate Equities Fuel Canadian Pension Plans’ 5.1% Q3 Returns
The performance raised the plans’ year-to-date return to 9.6%.
The performance raised the plans’ year-to-date return to 9.6%.
The median plan’s returns rebounded from weak gains in the second quarter and negative returns a year ago.
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.