Fixed income earns CPP 1.2% return in second quarter
CANADA - The Canada Pension Plan (CPP) returned 1.2% for the second quarter of the year, with the strength of fixed income offsetting poor performance across other portfolios.
The CPP Investment Board said the reserve fund grew to CAN$75.2bn, up from CAN$73.2bn in the three months ending September 30, due to investment earnings of CAN$906m and CAN$1.1bn in contributions paid....
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