CPPIB’s net assets rise even as coronavirus erodes returns

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Canada Headlines News

Canada Latest News,Canada Headlines

CPPIB reports 3.1% annual return GlobeBusiness

Mark Blinch/The Globe and Mail

The CPPIB said steady gains from global active investment programs over the first three quarters of the fiscal year ended March 31 helped its fund performance. The CPPIB closed the fiscal year with net assets of $409.6 billion, compared with $392 billion a year earlier. Chief executive officer Mark Machin, however, said the fund’s long-term returns continues to secure Canadians’ retirement benefits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian shares up as recovery hopes overshadow virus worriesShares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic.
Source: CTVNews - 🏆 1. / 99 Read more »

Rwanda has enlisted anti-epidemic robots in its fight against coronavirusRwanda has introduced robots as part of its fight against coronavirus.
Source: CTVNews - 🏆 1. / 99 Read more »

Ontario Hospitals To Take Over 2 Long-Term Care HomesThe government says the homes have been unable to contain the spread of the novel coronavirus.
Source: HuffPostCanada - 🏆 61. / 53 Read more »

Tiger Woods, Peyton Manning defeat Phil Mickelson, Tom Brady in charity match for COVID-19 reliefTiger Woods, Peyton Manning defeat Phil Mickelson, Tom Brady in charity match for COVID-19 relief Globe_Sports Globe_Sports Thus claiming the 2nd Annual Who-Gives-A-Flying-F--k Trophy, Globe_Sports Who cares
Source: globeandmail - 🏆 5. / 92 Read more »

Japan to end Tokyo’s state of emergency, eyes massive new stimulusWorld’s third-largest economy has escaped an explosive coronavirus outbreak Compared with Japan, Taiwan, New Zealand, Canada sucks! Japan loves them some stagflation...
Source: globeandmail - 🏆 5. / 92 Read more »

Bolsonaro joins protesters as Brazil political scandal heats up, adding to COVID-19 crisisBrazil is now the no. 2 coronavirus hot spot in the world after the U.S. This guy makes me sick Be thankfull for have a lawmakers politics on your countries, because in Brazil we never have
Source: globeandmail - 🏆 5. / 92 Read more »