Friday, 26 December 2014
Last updated 2 days ago
Mar 2 2010 | 3:17am ET
Canada’s biggest public pension fund swung back to profit last year, helped in part by its hedge fund and private equity portfolios.
The Caisse de dépôt et placement du Québec posted a 10% return in 2009, earning C$11.8 billion on its investments last year. And its alternative investments did even better.
The C$131.6 billion pension’s hedge funds returned 13% last year, Caisse said. It’s private equity investments did even better, rising 18%, led by a whopping 34% return on its infrastructure investments.
“In 2009, we put the train back on the tracks,” CEO Michael Sabia said. “In 2010, we have to get the train up to cruising speed.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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