CDP launches major overhaul

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CANADA - Caisse de dépôt et placement du Québec (CDP), Canada's biggest pension fund, has announced a major shake up of its operations, changes which see chairman and chief executive officer Jean-Claude Scraire taking a less active role in the management of the fund.

Speaking at a press conference, Scraire announced that he was relinquishing responsibility for the daily operation control of the C$125bn (US$80.1bn) fund to concentrate on policy and strategic iss...

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