Record investment year puts CPPIB close to half-trillion dollar asset goal
Record investment year puts CPPIB close to half-trillion dollar asset goal © Provided by The Canadian Press TORONTO — A record return over the first full year of the pandemic has put the manager of Canada's largest retirement fund years ahead of schedule to meet a long-term goal of having half a trillion dollars in assets by 2028. Popular Searches Canada Pension Plan Investment Board reported Thursday that its funds earned 20.4 per cent net of all costs for its 2021 fiscal year ended March 31, the highest annual return since its inception in 1999. As of March 31, CPP Investments had $497....