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CTV News
3 days ago
- Business
- CTV News
CPP Investments earned 1.0 per cent in first quarter, net assets totalled US$731.7 billion
Signage is seen in the reception of CPP Investments' Toronto offices. THE CANADIAN PRESS/Chris Young TORONTO — The Canada Pension Plan Investment Board says it earned a net return of 1.0 per cent for its first quarter. CPP Investments chief executive John Graham says shifting trade dynamics and broader geopolitical uncertainty fuelled renewed volatility in global markets during the quarter. The fund noted that while markets declined early in the period, public equities rebounded by quarter end, contributing to overall performance. The investment manager says net assets stood at US$731.7 billion at June 30, up from $714.4 billion at the end of the previous quarter. It says the increase included $7.5 billion in net income and $9.8 billion in net transfers from the Canada Pension Plan. The fund noted it routinely receives more CPP contributions than required to pay benefits during the first part of the calendar year, partially offset by benefit payments exceeding contributions in the final months of the year. This report by The Canadian Press was first published Aug. 14, 2025.
CTV News
21-05-2025
- Business
- CTV News
CPP Investments earned 9.3 per cent net return in latest fiscal year
Signage is seen in the reception of CPP Investments' Toronto offices, on Thursday, Sept. 21, 2023. THE CANADIAN PRESS/Chris Young TORONTO — The Canada Pension Plan Investment Board says it earned a net return of 9.3 per cent for its latest fiscal year. The board says the fund totalled $714.4 billion in net assets at March 31, up from $632.3 billion a year earlier. The increase included 59.8 billion in net income and $22.3 billion in net transfers from the Canada Pension Plan. The result fell short of the fund's benchmark portfolios' return of 10.9 per cent. The fund says public equities, especially in the U.S. and China, delivered gains despite geopolitical and trade-related headwinds in its fourth quarter., while investments in private equities, infrastructure and credit also helped. The strengthening of other currencies against the loonie also boosted results. CPP Investments chief executive John Graham says the fund remains on a solid financial footing and is well-positioned to deliver long-term value for current and future generations of Canadians. 'Our portfolio – diversified across sectors, themes, asset types and geographic markets – is built for the long term. And while we're not immune to short-term market shifts, our strategy is designed to remain resilient despite periodic fluctuations,' Graham said in a statement. This report by The Canadian Press was first published May 21, 2025.
