Quebec pension giant Caisse posts negative return in 'worst market in 50 years'

  • 📰 financialpost
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 85%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Caisse de dépôt et placement du Québec posted a negative return of 5.6 per cent in 2022 as stock and bond markets tumbled. Find out more.

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 or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up.

As of Dec. 31, 2022, the Caisse had net assets of $402 billion, up from $392 billion at mid-year. The Caisse said the weighted-average return on its depositors’ funds in 2022 outperformed the negative 8.3 per cent return for the benchmark portfolio, equivalent to $10 billion.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines