An OECD study concluded that last year’s progress did not bring funds back to year-end 2021 levels.
The University Pension Plan Ontario’s first investment under the partnership is an undisclosed stake in Great Britain’s largest rolling stock company.
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.
The CPPIB invests $334 million for close to a 20% stake in food retailer D1.
Asset value of sector is more than twice the country’s GDP.
