Canada Pension Plan trails market in recent quarter

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The latest quarterly return of 1.9 per cent fell short of the the S&P Global LargeMidCap Index’s Canadian-dollar return of 4.4 per cent in the quarter

Canada Pension Plan Investment Board reported a 1.9-per-cent return for the quarter ended Dec. 31, trailing the broader markets and the benchmark measure it uses to evaluate its annual returns.

CPPIB’s reference portfolio had a return of roughly 3.7 per cent in the quarter, The Globe and Mail calculates. CPPIB said Thursday its 10-year return was 10.0 per cent and its five-year return was 8.1 per cent. The Dec. 31 quarter is CPPIB’s third fiscal quarter; it will wrap up its year March 31.

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might have some to do with the 100mil they invested in FTX?

ESG is a fickle mistress.

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