Canada’s Pension Giant Taps Ben Meng, Calpers ex-CIO, to Steer Active Bets

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Canada Pension Plan Investment Board tapped Franklin Resources Inc. executive Ben Meng, former chief investment officer of a major US retirement system, to steer active strategies at Canada’s largest pension.

As head of investment portfolio management, Meng will help guide teams’ investments in stock plays, credit, private equity, infrastructure and other strategies designed to beat the market, according to people familiar with the matter. Those make up more than half of CPPIB’s C$700 billion of assets.