Caisse sees weak global growth, eyes UK opportunities: Reuters
The Caisse de dépôt et placement du Québec, Canada's second-biggest public pension fund, warned of weak global growth in the years ahead after market volatility led to a sharp fall in its investment return in the first half, Reuters reported. The Caisse said its average return fell to 2 percent from 5.9 percent in the same period the year before. The pension fund said the performance was ahead of a 1.3 percent return from the benchmark portfolio against which it measures itself. Net assets grew to $255 billion at the end of June, up from $248 billion at the end of 2015.
15 August 2016•2 mins read
