CPPIB shows 18.3 pct return in 2015, increases assets to $265 bln
The CPP Fund, which is managed by Canada Pension Plan Investment Board (CPPIB), increased its net assets to $264.6 billion as of March 31 2015, up from $219.1 billion the year before. The portfolio delivered a gross investment return of 18.7 percent for fiscal 2015, or 18.3 percent on a net basis. Over ten years, CPPIB's return reached 8 percent on a net basis, contributing to $129.5 billion in cumulative net investment income to the fund. Private foreign developed market equities and private emerging market equities returned 30.2 percent and 46.8 percent, respectively, in fiscal 2015, while domestic private equities returned 10.1 percent.
21 May 2015•10 mins read
