(Bloomberg) -- Caisse de Depot et Placement du Quebec returned 10.4% last year as stocks and fixed income shielded Canada’s second-largest pension fund manager from a poor performance in real estate.Net investment income for 2019 amounted to C$31.1 billion ($23.5 billion), compared with C$11.8 billion a year earlier, the Montreal-based fund manager said Thursday in a statement. Net assets rose to C$340.1 billion (C$257 billion) as of Dec. 31, from C$309.5 billion at the end of 2018.Public and private equity returned 15.3%.