CPPIB, OTPP among institutions urging longer-term investing
Six of the global market's largest institutional investors, including Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan, have voiced their support for a new index designed to encourage corporations and investors to give more focus to the long term. The S&P Long-Term Value Creation Global Index, launched today, is designed to track companies that are seeking to create long-term value and that can show sustainable financial quality. Several institutions supporting the initiative, including CPPIB, have committed to an initial allocation of about US$2 billion into funds tracking the index.
21 January 2016•8 mins read
