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It is not monolithic and includes such varied enterprises as pensionfundinvestment managers such as AIMCo , insurance companies, investment banks, broker dealers, hedge funds, mortgage investment companies – and still others.
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. and the U.S.
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