Pensions
US Equities Buoy Canada Pension Plan’s 3.6% Return in Q2
The pension giant’s asset value rose to C$675.1 billion, as of the end of September.
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Sanjiv Aggarwal will join the $5 billion sovereign-linked pension fund from U.K. investment firm Actis.
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
CPPIB says it’s critical for long-term investors to understand ‘generational shifts’ caused by the pandemic.
Strong investment gains raise total asset value to C$434.4 billion.