Skip to main content

The Globe and Mail

CPPIB posts 3-per-cent return as markets rally

CPPIB chief executive officer Mark Wiseman. (Handout)

The Canada Pension Plan Investment Board's portfolio posted a return of 3 per cent in its third quarter, a gain that was boosted by improved global equity markets.

The CPP Fund saw gains of $2.5-billion in net assets through the period, bringing its total assets up to $172.6-billion by the end of its third quarter on Dec. 31, compared to $170.1-billion in the previous quarter.

The increase came from $5.0-billion in investment income and $2.4-billion of seasonal cash outflows.

Story continues below advertisement

A number of notable transactions in the public markets, private investments and real estate propelled the CPP Fund as all investment groups contributed gains in the quarter.

Report an error Editorial code of conduct Licensing Options
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.