#Latest news with #CaisseDeDépôtEtPlacementBloomberg2 days agoBusinessBloombergCDPQ Looks to Trim US Assets as CEO Worries About StagflationThe head of Caisse de Dépôt et Placement du Québec said it's time for the fund to scale back on US investments after years of growth and great returns. 'It's been 10 years of US exceptionalism,' Chief Executive Officer Charles Emond said. 'Obviously, you got to a point where we reached sort of a higher percentage than usual. We're at 40% of our total fund in the US. I'd say that's kind of the peak, like to trim a bit.'
Bloomberg2 days agoBusinessBloombergCDPQ Looks to Trim US Assets as CEO Worries About StagflationThe head of Caisse de Dépôt et Placement du Québec said it's time for the fund to scale back on US investments after years of growth and great returns. 'It's been 10 years of US exceptionalism,' Chief Executive Officer Charles Emond said. 'Obviously, you got to a point where we reached sort of a higher percentage than usual. We're at 40% of our total fund in the US. I'd say that's kind of the peak, like to trim a bit.'