Andrew Coyne Is Dead Wrong on CPP Investments' Active Management
Pension Pulse
MAY 24, 2024
So did its costs, particularly the fees paid to external investment managers: from $36-million in 2006 to $3.5-billion Over all, combining management fees, operating expenses and transaction costs, the fund’s expenses now exceed $5.5-billion billion in 2024, a near hundredfold increase.
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