Caisse to Target Energy, Resources Investments, Sabia Says
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The Caisse de Depot et Placement du Quebec, Canada’s biggest pension fund manager, plans to increase investments in energy and minerals to benefit from an expected commodities boom, Chief Executive Officer Michael Sabia said.
“Natural resources, energy, those are areas where we think there’s an opportunity to play offense because of what the structural trends are and what our capabilities are,” Sabia said in an interview at Caisse headquarters in Montreal yesterday.