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Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pensionfund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio. To generate $46.4 bps and below the 28.6
In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pensionfunds, he said. Christine Dobby of the Toronto Star also reports CPP Investments posts 1.3% per cent return. Our operating expense ratio was 28.6
And there’s a real democratization of access to private markets, and we’re one of the firm’s that’s been leading that. Look, our parents all had pensionfunds. LAYTON: — sources of funds for our industry is going to change as a result of that. It’s been primarily pension, historically.
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