Pensions
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Tag: Charles Emond
Newsmakers
CDPQ Promotes Otéra Capital CEO to Lead Newly Consolidated Real Estate Division
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
Pensions
CDPQ Announces 7.2% Return in 2023
Assets of the Quebec pension investment manager grew to $321.72 billion.
Manager Selection
CDPQ Extends CEO Charles Emond’s Term, Invests in Local Consultant, Japan Solar Plant
Emond, who became CEO in 2020, will remain until at least February 2029.
Pensions
CDPQ Aims to Save C$100M per Year by Bringing Real Estate Units Into Main Business
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Asset Allocation
CDPQ Reports 4.2% Return for 1H 2023
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
Asset Allocation
CDPQ Reports It Is on Target to Reach Net Zero by 2050
The Québecois pension fund increased its green asset investments by C$29 billion over five years.
Pensions
Fixed Income Weighs Down CDPQ to 5.6% Loss in 2022
Canada’s second-largest pension blames loss on “worst simultaneous stock and bond market correction” in half a century.
Asset Allocation
CDPQ Loses 7.9% in First Half, Writes Off Crypto Loss
Canada’s second largest pension is looking at legal options over failed $150 million crypto investment.
Newsmakers
Canada’s CDPQ Returns 13.5% in 2021
Canada’s second-largest pension fund’s asset value has grown by C$149.1 billion over the past five years.
CDPQ Unveils Climate Strategy to Reach ‘Net Zero’ by 2050
The Canadian pension giant plans to completely exit oil production investments by the end of next year.
Pensions
CDPQ Loses 2.3% in First Half of 2020, Misses Benchmark
However, the C$333 billion pension beat its benchmark over the past five and 10 years.
Asset Management Culture
Canadian United Nations Ambassador Chosen to Head CDPQ Global
Lawyer and diplomat Marc-André Blanchard will oversee the fund’s international efforts in the United States, Europe, and Asia.
Asset Management Culture
CDPQ Creates Fund to Support Quebec Firms Affected by Pandemic
Canadian pension giant provides C$4 billion ($2.83 billion) to help struggling businesses in the province.
Manager Selection
Charles Emond Named CEO of Quebec Pension Fund CDPQ
Head of private placements replaces Michael Sabia, who leaves after nearly 11 years.