CPP set to double assets

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CANADA - The Canada Pension Plan (CPP) is expected to more than double its assets to C$250bn (US$248.9bn) by 2016.

The CPP has reported assets of C$119.4bn for the third quarter ended 31 December 2007. The chief actuary of Canada forecasted that the CPP fund would grow to approximately C$250bn making it one of ...

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