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Canada pension plan makes modest gains in latest quarter
February 10, 2017 / 1:17 PM / 10 months ago

Canada pension plan makes modest gains in latest quarter

TORONTO, Feb 10 (Reuters) - The Canada Pension Plan Investment Board (CPPIB) said it delivered only a marginal improvement in investment returns in its third quarter, impacted by declines in fixed income markets.

Canada’s biggest public pension plan said its porfolio delivered a gross investment return of 0.64 percent for the quarter, or 0.56 percent net of all cost. It ended the quarter to Dec. 31 with net assets of C$298billion ($227 billion), compared with C$301 billion at the end of the previous quarter.

$1 = 1.3134 Canadian dollars Reporting by Matt Scuffham

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