Company posts an 11.6% return for 2018 fiscal year.
The Canada Pension Plan Investment Board posted a net annual return of 11.6 per cent as the end of its fiscal year on March 31, 2018. Adding $39.4 billion to its overall holdings, the fund now boasts $356.1 billion in assets under management. The increase included a $36.7-billion return after all expenses and $2.7 billion in […]
The Canada Pension Plan Investment Board is among the anchor investors in India’s first private infrastructure investment trust. Sponsored by L&T Infrastructure Development Projects Ltd., the CPPIB and Allianz Capital Partners will take a combined 55 per cent stake in the IndInfravit trust. The trust will focus on developing toll roads and other road infrastructure. It will initially […]
Upcoming enhancements coming to the Canada Pension Plan will lead to a reduction in investment in Canadian enterprises, a new paper from the Fraser Institute argues. The paper noted the Canada Pension Plan Investment Board has shown an increasing preference for foreign investments, with 83.5 per cent of the fund’s assets outside of Canada in […]
The Public Sector Pension Investment Board has entered an agreement to purchase the Downsview industrial property owned by Bombardier Inc. in Toronto for $816 million. “This investment is a perfect fit for PSP as it supports our long-term real estate investment strategy,” said Neil Cunningham, president and chief executive officer of PSP Investments. “We have […]
Investments from pension funds accounted for 25 per cent of Canadian investment in the Asia-Pacific region between 2013 and 2017. Their share was up from just one per cent between 2003 and 2007, according to a new report. The report, released by the Asia Pacific Foundation of Canada, found that between 2003 and 2017, Canadian […]
The Canada Pension Plan Investment Board has announced several senior executive appointments, all of which will be effective June 1, 2018. Leading the credit investments team will be John Graham, appointed senior managing director. Having worked at the CPPIB in the total portfolio management and private investments groups, his responsibilities will now include leading principal credit […]
When Sears Canada Inc. announced it was going to liquidate its stores in 2017, the chain’s demise was a big concern for pension plan members worried about a big deficit in the company’s defined benefit plan. But also among the parties affected were some of Canada’s largest pension funds, which own more than two dozen […]
In their constant search for diversification, Canada’s largest pension funds seem to be continually restructuring their Canadian office building portfolios. “The goal has been to redeploy their investments by expanding internationally and developing new class A office buildings in Canada as well,” says Ayres Gonsalves, vice-president of commercial at Dorsay Development Corp., a Toronto-based real estate […]
The Canada Pension Plan Investment Board saw a net increase of $8.9 billion in assets during the final quarter of 2017, bringing its total to $337.1 billion. “Exceptional performance across public equity markets internationally during the third quarter helped bring the CPP fund to a new high in line with our dual focus on total, as […]