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Canada Pension Plan Investment Board assets now worth over $300B

Canada Pension Plan CPP CPPIB

The Canada Pension Plan Investment Board (CPPIB), Canada's biggest public pension plan, said it ended the second quarter with $300.5 billion in assets, up from $287.3 billion at the end of the previous quarter.

The CPPIB, which manages Canada's national pension fund and invests on behalf of 19 million Canadians, said it delivered gross investment returns of 4.83 per cent in the second quarter, or 4.75 per cent, net of all costs.

More to come.

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