PSP Investments' assets hit $112 bln with 14.5 pct return in 2015
The Public Sector Pension Investment Board (PSP Investments) reported a gross total portfolio return of 14.5 percent for the fiscal year ending March 31, 2015. This performance exceeded PSP's policy portfolio benchmark rate of return of 13.1 percent. Partly as a result, the pension fund manager's net assets increased by $18.3 billion in fiscal 2015, or 20 percent, bringing total net assets to $112.0 billion. Among private market assets, real estate and natural resources led with returns of 12.8 percent and 12.2 percent, respectively. The private equity portfolio returned 9.4 percent. In January, PSP named André Bourbonnais as its new president and CEO.
23 July 2015•4 mins read
