CANADA - The CAN$39bn (US$38.8bn) Public Sector Pensions Investment Board (PSP Investments) posted a $450m write down as a result of collateralised debt obligations (CDOs), according to its annual report.
PSP Investments, which provides retirement benefits for the public service, Canadian armed forces and the Royal Canadian Mounted Police, increased its overall consolidated net assets by over 11%, t...
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