“The quarter’s results reflect gains across most asset classes, which were offset by the impact of foreign exchange losses due to arelative to the U.S. dollar,” said John Graham, chief executive of CPPIB. “While we anticipate periods of uncertainty to persist, we expect our portfolio will continue to be resilient and create value for CPP contributors and beneficiaries for generations to come.”
in 2019, has a 10-year annualized net return of 9.8 per cent, representing cumulative net income of $314 billion.Article content As of June 30, 2023, base CPP had a five-year net real return of four per cent and a 10-year net real return of 7.1 per cent. The net real return of the additional CPP accounts is 1.3 per cent since inception in 2019.
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CPPIB Reports Strong First Quarter Results Despite Foreign Exchange LossesThe Canada Pension Plan Investment Board (CPPIB) has reported strong first quarter results, with gains in most asset classes. However, the impact of foreign exchange losses due to a stronger Canadian dollar offset some of these gains. The organization expects its portfolio to remain resilient and create value for CPP contributors and beneficiaries. Investments in public equities and renewable energy, as well as gains by external portfolio managers, contributed to the positive results. Fixed income assets declined in value due to higher interest rates. The CPP Fund has a 10-year annualized net return of 9.8%, representing cumulative net income of $314 billion.
Source: financialpost - 🏆 7. / 85 Read more »
CPPIB Reports Strong First Quarter Results Despite Foreign Exchange LossesThe Canada Pension Plan Investment Board (CPPIB) has reported strong first quarter results, with gains in most asset classes. However, the impact of foreign exchange losses due to a stronger Canadian dollar offset some of these gains. The organization expects its portfolio to remain resilient and create value for CPP contributors and beneficiaries. Investments in public equities and renewable energy, as well as gains by external portfolio managers, contributed to the positive results. Fixed income assets declined in value due to higher interest rates. The CPP Fund has a 10-year annualized net return of 9.8%, representing cumulative net income of $314 billion.
Source: nationalpost - 🏆 10. / 80 Read more »