CPP Investments Reports 0.5 Per Cent Loss in Second Quarter as Bond Yields Weigh on Fixed Income

CPP Investments second-quarter net loss: The Canada Pension Plan Investment Board reported a net loss of 0.5 per cent as higher bond yields hurt its fixed-income holdings. Gains in public equities, private equity and real assets were more than offset, and net assets reached $866.2 billion.

CPP Investments second-quarter net loss, Digi Mart USA News (Toronto): The Canada Pension Plan Investment Board reported a net loss of 0.5 per cent in its second quarter as higher bond yields weighed on its fixed-income investments.

CPP Investments CEO John Graham said gains in public equities, private equity and real assets contributed positively during the quarter, but were more than offset by fixed-income losses.

The investment manager said net assets totalled $866.2 billion at the end of the quarter on Sept. 30. The result compared with $863.6 billion in net assets at the end of the previous quarter.

The increase in net assets included a net loss of $4.7 billion and $7.3 billion in net transfers from the Canada Pension Plan.

The fund’s net return for the first half of its 2027 financial year amounted to 7.0 per cent.

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