Canada Pension Has 12% Return Led by Stocks, Private Equity
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The Canada Pension Plan Investment Board, the country’s second-biggest public pension manager, posted a return of 12 percent in the latest fiscal year led by a rise in stocks and private-equity investments.
Investment income for the year ended March 31 was C$15.5 billion ($16 billion), the Toronto-based fund manager said today in a statement. Assets rose to C$148.2 billion from C$127.6 billion a year earlier.