16 h. ago CPP Investments earned one per cent in first quarter, net assets totalled $731.7B

TORONTO — The Canada Pension Plan Investment Board says it earned a net return of one per cent for its first quarter. CPP Investments chief executive John Graham says shifting trade dynamics and broader geopolitical uncertainty fuelled renewed volatility in global markets during the quarter. “Through these events, the fund remained resilient, supported by our […]

Economics

16 h. ago Canada’s Largest Pension Earns 1% After Weak US Dollar Hit Gains

Canada Pension Plan Investment Board returned 1% last quarter as the weak US dollar largely offset gains in stocks and energy assets.

Other

17 h. ago CPP Investments earned 1 per cent in first quarter, net assets totalled $731.7B

The Canada Pension Plan Investment Board says it earned a net return of 1.0 per cent for its first quarter. CPP Investments chief executive John Graham says shifting trade dynamics and broader geopolitical uncertainty fuelled renewed volatility in global markets during the quarter. The fund noted that while markets declined early in the period, public […]

Economics

3 d. ago Japan’s Government Pension Investment Fund Is Hiring as Assets Balloon

Japan’s Government Pension Investment Fund, one of the world’s largest retirement funds, is about to increase its unusually small staff as the assets it oversees balloon.

Politics

3 d. ago Hudson’s Bay lease sale may negatively impact pension fund: OMERS’ real estate arm

TORONTO — The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy 25 Hudson’s Bay leases at its properties. In court documents filed over the weekend, Oxford Properties Group argues Ruby Liu would diminish the value […]

Other

3 w. ago Japan’s governing coalition likely to lose upper house election, exit polls show

TOKYO (AP) — The governing coalition of Prime Minister Shigeru Ishiba is likely to lose a majority in the smaller of Japan’s two parliamentary houses in a key election Sunday, according to exit polls, worsening the country’s political instability. Voters were deciding half of the 248 seats in the upper house, the less powerful of […]

Politics

3 w. ago Ishiba’s coalition loses majority in Japan’s upper house election

TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba ‘s ruling coalition failed Monday to secure a majority in the 248-seat upper house in a crucial parliamentary election, NHK public television said. Ishiba’s Liberal Democratic Party and its junior coalition partner Komeito needed to win 50 seats on top of the 75 seats they already have […]

Politics