Canadian pension giant’s net assets fall C$16 billion to C$523 billion.
The CPPIB invests $334 million for close to a 20% stake in food retailer D1.
Silos must be axed to enhance communication, argues strategist Rubin.
CPPIB will invest nearly $1 billion in partnership with Lennar subsidiary LMC in the U.S,. and more than $350 million in India with RMZ Corp.
Their overseas exposure is expanding, while US funds stay mostly at home.