CPP up $5bn in fiscal Q1

clock

CANADA - The Canada Pension Plan (CPP) ended the first quarter of fiscal 2012 with net assets of C$153.2bn (US$154bn), an increase of C$5bn from the previous quarter.

The increase in net assets this quarter resulted from C$1.3bn of investment income, generated primarily from private assets in the portfolio, and C$3.8bn in excess CPP contributions, the plan said....

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Canada

Pension funds keep Canadian M&A activity afloat

CANADA - Canadian pension funds kept mergers and acquisitions (M&A) activity in the country afloat in the third quarter, according to PwC.

clock 01 November 2011 •

Canadian longevity risk transfer market could hit $20bn

CANADA - The nascent Canadian longevity risk transfer market could hit $20bn by 2020, Swiss Re finds.

clock 26 October 2011 •

OTPP, Illinois TRS invest in NXT Capital

CANADA/US - Teachers' Private Capital, a unit of the C$107.5bn ($106.4bn) Ontario Teachers' Pension Plan, and the $37.3bn Teachers' Retirement System of the State of Illinois have made equity investments to finance company NXT Capital.

clock 26 October 2011 •
Trustpilot