Quebec Pension Gains 5 6% in First Half, Boosted by Equities leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Paula Sambo and Sandrine Rastello, Bloomberg News Workers wear protective masks inside an Arc teryx Equipment Inc. store at the Metropolis at Metrotown mall in Burnaby, British Columbia, Canada, on Friday, Nov. 20, 2020. Canada is struggling to contain rising Covid-19 infection rates as a second wave engulfs the nation, threatening to stifle an economic rebound that began in summer. Photographer: Jimmy Jeong/Bloomberg , Bloomberg
Exposure to malls, office buildings and other sectors hit by the pandemic weighed on the performance of Caisse de Depot et Placement du Quebec last year, which returned 7.7 per cent thanks to investments in private credit and equity.
Malls and offices push Caisse s results below benchmark
Paula Sambo and Sandrine Rastello, Bloomberg News Have to continue to protect that nest egg : AIMCo chair on Canadian pension model and the economy VIDEO SIGN OUT
Exposure to malls, office buildings and other sectors hit by the pandemic weighed on the performance of Caisse de Depot et Placement du Quebec last year, which returned 7.7 per cent thanks to investments in private credit and equity.
Net investment income for 2020 was $24.8 billion (US$19.8 billion), down from $31.1 billion a year earlier, the Montreal-based fund manager said Thursday. Net assets rose to $365.5 billion as of Dec. 31, from $340.1 billion at the end of 2019.
Publishing date: Feb 25, 2021 • February 25, 2021 • 1 minute read •
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(Bloomberg) Caisse de Depot et Placement du Quebec returned 7.7% last year as strong gains in private and public equities shielded Canada’s second-largest pension fund manager from weaker real-asset performance.
Net investment income for 2020 was C$24.8 billion ($19.8 billion), down from C$31.1 billion a year earlier, the Montreal-based fund manager said Thursday. Net assets rose to C$365.5 billion as of Dec. 31, from C$340.1 billion at the end of 2019.
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