Many state-owned investors have quickly adapted to crisis with bumper returns. Canada’s biggest public pension fund CPP Investments has ended its fiscal year with a net return of 20.4%, its highest ever. Its 10-year and five-year annualized net nominal returns were 10.8% and 11.0% respectively. CPP Investments’ net assets were...
Many state-owned investors have quickly adapted to crisis with bumper returns. Canada’s biggest public pension fund CPP Investments has ended its fiscal year with a net return of 20.4%, its highest ever. Its 10-year and five-year annualized net nominal returns were 10.8% and 11.0% respectively. CPP Investments’ net assets were...