CPPIB notches 16.5 pct return, eyes developing markets for deals - Reuters
The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, said it is hard to find good deals because most assets are fully priced, but it will be patient and focus on emerging markets to find deals that offer long-term value, Reuters reported. CPPIB, which manages Canada's national pension fund, said that its assets rose to a record $219.1 billion at the end of fiscal 2014, as its investment portfolio returned 16.5 percent for the year ended March 31.
27 May 2014•2 mins read
