PSP Investments has ended fiscal 2026 with C$320.6 billion ($229 billion) in net assets under management, up 7 percent from the prior year. The Canadian pension investor generated a one-year net return of 6.5 percent and a 10-year net annualized return of 8.8 percent. Over the 10-year period, PSP Investments generated C$14.5 billion ($10.4 billion) in cumulative net investment gains above its reference portfolio. For fiscal 2026, the fund’s one-year net return fell below its reference portfolio by 5.2 percent, which PSP attributed partly to macroeconomic and market conditions that created a more challenging environment for private markets. PSP Investments also invested more than C$10 billion ($7 billion) in Canada during fiscal 2026, primarily driven by increased direct private investments and a higher allocation to Canadian equities. As of March 31, PSP Investments’ gross assets under management in Canada exceeded C$75 billion ($54 billion).
