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CDPQ's Head of Liquid Markets Discusses Mid-Year Results

Pension Pulse

On some assets, we’ve already reduced the value significantly over the past few years (such as shopping centres and offices), so I believe most of the depreciation linked to structural changes is behind us.” The difference with 2022 is primarily explained by the increase in external performance fees related to increased returns.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

Our performance was partially offset by significant declines in both equities and fixed income across major markets as high inflation and rising interest rates weighed heavily on both asset classes. The Canadian dollar depreciated against the U.S. Our operating expense ratio was 28.6 bps and up marginally from 27.1