CPPIB is staying in the market, 'buying equities when equities are selling off': CEO

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The Canada Pension Plan Investment Board has had a \u0027bumpy\u0027 year down 4.2% in the first quarter, but still ahead of world indices. Read on

“It’s changing by the day, sometimes by the hour, or even by the minute, and it’s dramatically impacting the global economy,” Graham said in prepared remarks for a speech in Ottawa today.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

But he stressed that Canada’s largest pension plan is primarily focused on generating long-term returns to provide for 21 million working people and retirees. The CPPIB team also expects to find opportunities in infrastructure investment, helped in part by long-lasting spending programs, particularly in the U.S., Graham said.Article content

He has said previously that the pension management organization, which invests the largest single pool of capital in the country, does not support a wholesale divestiture of traditional oil and gas investments. “When any market correction happens, and they will, strong individual companies emerge from the pack,” said Graham.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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