Canada’s Big Pension Funds Show Gains, Caution on Infrastructure

Two of Canada’s biggest pension funds said strong global stock markets drove gains for the first part of the year. They cautioned, however, that efforts to diversify investments into areas like infrastructure are being complicated by competition and a lack of opportunities.

The Canada Pension Plan Investment Board reported a 1.8% return for its fiscal first quarter, as net assets grew by almost $10 billion Canadian dollars (US$7.89…

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