Canada Pension Plan Investment Board, the nation’s largest pension fund manager, said assets rose above C$200 billion ($182 billion) for the first time, as returns increased 5.9 percent in the fiscal third quarter.
Mark Wiseman, the chief executive officer of Canada Pension Plan Investment Board, walked into the high-end New York department store Bergdorf Goodman in the mid-1990s looking for a suit. He left empty-handed.
Canada Pension Plan Investment Board would consider joining a bid for BlackBerry Ltd., though the country’s biggest pension fund says it’s not compelled to rescue the struggling Canadian smartphone maker.
BlackBerry Ltd., the struggling Canadian smartphone maker, is considering putting itself up for sale after the lackluster debut of the BlackBerry 10 lineup dimmed its prospects as an independent company.
Canada Pension Plan Investment Board is “very interested” in European infrastructure assets despite concerns about the region, said Mark Wiseman, executive vice president of investments for the Toronto-based fund manager.