CPP Investments posts 1.9% net return for third quarter of FY2023

The Canada Pension Plan Investment Board (CPP Investments) has posted a net return of 1.9 percent for the third quarter of fiscal year 2023.

As of Dec. 31, 2022, the fund had C$536 billion ($400 billion) of assets, a $7 billion ($5.2 billion) increase after all costs, up from C$529 billion ($395 billion) at the end of the previous quarter.

CPP Investments had a cumulative net income of C$308 billion ($231 billion) for the 10-year period.

The Canadian pension plan holds investments in 64 countries and has 318 global investment partners.