CANADA- Moody's Investors Service maintained a stable ratings outlook for CDP Financial, the debt issuing subsidiary of Caisse de dépôt et placement du Québec, but showed concerns over the firm's risk management capabilities.
The ratings update, announced last week, is the second in the past month to questions Caisse's ability to manage risk within its portfolio. CDP's ratings are based on Caisse's guarantee. Moody ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date