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CPPIB posts quarterly gain of $3.1-billion

CPPIB chief executive officer Mark Wiseman. (Handout)

The Canada Pension Plan's investment portfolio posted a 1.9-per-cent return in its latest quarter, a gain of $3.1-billion that was aided by rising stock markets.

Contributions from Canadians added a further $1.3-billion to the CPP Fund, bringing its assets up to $170.1-billion at the end of September, compared to $165.8-billion at the end of June.

One-third of the fund's investment portfolio, or $56.5-billion, is invested in public equities, and most global stock markets rose during the quarter.

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