CPP Investments earned 1.9 per cent net return for third quarter
BNN Bloomberg
The Canada Pension Plan Investment Board says it earned a net return of 1.9 per cent for its third quarter.
Chief executive John Graham says the gains came due to a rebound in public equity markets, while the fund's private asset values remained relatively flat.
The county's largest pension fund manager says its net assets at Dec. 31 totalled $536 billion, up from $529 billion at the end of the previous quarter.
CPP Investments says the increase included $10 billion in net income, less $3 billion in net Canada Pension Plan outflows.
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