Asset Allocation
Canadian Pension Giant Expects Carbon Neutral Internal Ops by 2023
The $392 billion CPPIB also said it will nearly double its investments in green and transition assets by 2030.
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.
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.