Canada Pension Plan Investment Board reports a 3.6% net return, with assets totaling $675.1 billion.

The Canada Pension Plan Investment Board reported a 3.6% net return for the second quarter, with net assets reaching $675.1 billion by September 30. Despite market volatility, the fund's diversified portfolio performed well, driven by gains in U.S. equities, interest rate cuts, and strong infrastructure investments. However, the appreciation of the Canadian dollar negatively impacted foreign exchange. The fund received $23.1 billion in net income and $5.2 billion in Canada Pension Plan cash inflows.

November 15, 2024
5 Articles