Skip to main content

Canadian Pension Plan Investment Board (CPPIB)

MARK BLINCH/REUTERS

The Canada Pension Plan fund's investment portfolio has posted a return of 0.5 per cent in the latest quarter, earning $0.8-billion.

That return is for the three-month period up to June 30, a time in which stock markets fell.

"Our performance results for the fiscal first quarter reflect the fund's resilience against continuing uncertainty, poorly performing equity markets and other global economic headwinds," Mark Wiseman, the new CEO of the CPP Investment Board, stated in a press release. Mr. Wiseman recently took over for former CEO David Denison, who has retired.

Story continues below advertisement

The fund has invested 34 per cent of its assets in public stocks, 32.7 per cent in fixed income, 16.9 per cent in private equity, 10.7 per cent in real estate and 5.7 per cent in infrastructure.

New CPP contributions of $3.5-billion, along with the $0.8-billion in investment income, brought the fund's net assets up to $165.8-billion at the end of June, from $161.6-billion at the end of March.

Report an error Licensing Options
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

Please note that our commenting partner Civil Comments is closing down. As such we will be implementing a new commenting partner in the coming weeks. As of December 20th, 2017 we will be shutting down commenting on all article pages across our site while we do the maintenance and updates. We understand that commenting is important to our audience and hope to have a technical solution in place January 2018.

Discussion loading… ✨