CPPIB sees negative annual returns in infrastructure and energy

26 May 2020 - 12:00 am UTC

Canada Pension Plan Investment Board (CPPIB) saw negative returns in infrastructure and energy and resources in fiscal 2020, ended 31 March, according to its fiscal 2020 annual report.

Infrastructure returned -1% in fiscal 2020, compared to 14% in fiscal 2019. As of 31 March 2020, infrastructure comprises 8.6% of the total fund, up from 8.5% a year ago.

Energy and resources returned -23.4%, compared to -0.6% in fiscal 2019. Energy and resources take up 1.8% of the total fund, down from 2.1% a year ago.

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