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Canada Pension Assets Grow to $204 Billion With Weak Loonie
Canada Pension Plan Investment Board posted a 4.6 percent gross return in the fiscal third quarter as the value of its foreign holdings were bolstered by a declining currency. Assets under management at the country’s largest pension fund grew 18 percent to C$282.6 billion ($203.5 billion) during the quarter ended Dec. 31, up from about C$239 billion a year earlier, according to results released Wednesday. The fund returned 6.3 percent for the first nine months of the year. "The returns ... Full investment news article
Chinese Super-Rich Storm Los Angeles Real Estate Market
Worldcrunch.com / CAIXINMEDIA In the past year, the greater Los Angeles area has seen a surge in the number of Chinese buyers interested in the area’s real estate — in particular, those mega-properties valued above the $15 million mark. Full investment news article