Canadian pension fund La Caisse gears up to invest C$15 billion in Asia-Pacific
Infrastructure is expected to take up C$9 billion while credit and real estate will account for C$3 billion each
[SINGAPORE] La Caisse, one of the largest pension funds globally, aims to invest C$15 billion (S$13.9 billion) in the Asia-Pacific over the next three years – more than half of which will be in infrastructure, said its president and chief executive Charles Emond.
Of the total investment, infrastructure is expected to take up C$9 billion. Credit and real estate will account for C$3 billion each.
La Caisse manages around C$496 billion in assets at end-June, on behalf of 48 pension and insurance funds in the Quebec province of Canada. More than six million Quebecers contribute or receive benefits from the funds.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI