CPPIB sees returns fall in Q1 of fiscal year

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CANADA - The Canada Pension Plan Investment Board saw investments fall 1.3% in the fiscal first quarter due to declining equity markets.

The Toronto-based manager lost C$1.7bn ($1.63bn) in the quarter ended June 30, while assets under management increased to $129.7bn from $127.6bn at the end of fiscal 2010 on March 31. The $2.1bn...

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