Canada Pension Plan board notches 1.9 pct return in Q2

TORONTO Fri Nov 9, 2012 9:10am EST

TORONTO Nov 9 (Reuters) - The Canada Pension Plan Investment Board, one of the world's biggest pension funds, notched a 1.9 percent return on investments in the second quarter, as financial markets gained globally.

CPPIB, which manages Canada's national pension fund, said on Friday its assets rose to a record C$170.1 billion from C$165.8 billion three months earlier, as investment income added C$3.1 billion and net contributions to the pension fund added C$1.3 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.