Canada Pension Plan Delivers 1.6% Quarterly Gain on Investments
- Canada pension plan boosts assets to C$273 billion in period
- CPP gains even as equities decline in the second quarter
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Canada Pension Plan Investment Board, the country’s largest pension fund, returned 1.6 percent in its latest quarter, navigating tumultuous capital markets by diversifying across assets and geographies.
Assets under management rose to about C$273 billion ($205 billion) in the fiscal second quarter from the previous period and up 17 percent from the same period a year ago, according to a statement Thursday.