External Managers and Real Assets Soften Hit on CPP’s Quarterly Return

The Canada Pension Plan (CPP) has reported a 4.2% decline in its assets over the latest quarter to C$523 billion (US$410 billion) due to a net loss of C$23 billion, alongside C$7 billion in net transfers.For the five- and 10-year period ended June 30, the portfolio returned an annualized net...