Skip to main content

The Globe and Mail

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.

Story continues below advertisement

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.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨