Assets of Canada's top 10 pension funds hit $1.1 tln: BCG
A new study by The Boston Consulting Group (BCG) found that assets managed by Canada's 10 largest public pension funds currently total more than $1.1 trillion, or the equivalent of more than 45 percent of Canada's gross domestic product. BCG said assets managed by the top 10 funds tripled between 2003 and 2014, with 80 percent of the value driven by investment returns. Approximately one-third of the investments held by the top 10 funds are in alternative assets, such as infrastructure, private equity and real estate, the study found.
10 December 2015•5 mins read
