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Real Estate

CPPIB Pension Fund Concerned Over Rising Protectionism

by posted 1year ago 626 views
<p>The Canada Pension Plan Investment Board, one of the world&#39;s biggest investors, is concerned about the rise of protectionist trade policies, its chief executive told business leaders in Toronto on Friday.</p> <p>The CPPIB, which manages Canada&#39;s national pension fund and invests on behalf of 20 million Canadians, has become one of the world&#39;s biggest global infrastructure and real estate investors as it seeks to diversify from public equity and fixed income markets.</p> <p>Chief Executive Mark Machin told the Toronto Region Board of Trade that the pension fund had benefited from globalisation and would suffer from policies that make international trade more difficult.</p>