Skip to main content

Canadian Pension Plan Investment Board (CPPIB)

MARK BLINCH/REUTERS

The Canada Pension Plan fund's investment portfolio has posted a return of 0.5 per cent in the latest quarter, earning $0.8-billion.

That return is for the three-month period up to June 30, a time in which stock markets fell.

"Our performance results for the fiscal first quarter reflect the fund's resilience against continuing uncertainty, poorly performing equity markets and other global economic headwinds," Mark Wiseman, the new CEO of the CPP Investment Board, stated in a press release. Mr. Wiseman recently took over for former CEO David Denison, who has retired.

Story continues below advertisement

The fund has invested 34 per cent of its assets in public stocks, 32.7 per cent in fixed income, 16.9 per cent in private equity, 10.7 per cent in real estate and 5.7 per cent in infrastructure.

New CPP contributions of $3.5-billion, along with the $0.8-billion in investment income, brought the fund's net assets up to $165.8-billion at the end of June, from $161.6-billion at the end of March.

Report an error Licensing Options
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.