Read about the activities of CPPIB, from our inception to the present. 

Feb 12, 2016

News Releases

Canada Pension Plan Investment Board Forms Joint Venture with Hammerson to Acquire Stake in a Regional U.K. Shopping Centre

Toronto, Canada  (February 12, 2016): Canada Pension Plan Investment Board (CPPIB) announced today that it has entered into an agreement to form a 50:50 joint venture with Hammerson in relation to the Grand Central Shopping Centre (Grand Central) in Birmingham, U.K. CPPIB’s total acquisition cost for 50% of Grand Central will be £175 million.

Feb 10, 2016

News Releases

CPP Fund Totals $282.6 Billion at Third Quarter Fiscal 2016

TORONTO, ON (February 10, 2016): The CPP Fund ended its third quarter of fiscal 2016 on December 31, 2015, with net assets of $282.6 billion, compared to $272.9 billion at the end of the previous quarter. The $9.7 billion increase in assets for the quarter consisted of $12.3 billion in net investment income after all CPPIB costs, less $2.6 billion in CPP cash outflows. The CPP Fund routinely receives more CPP contributions than required to pay benefits during the first part of the calendar year, partially offset by payments exceeding contributions in the final months. The portfolio delivered a gross investment return of 4.6% for the quarter, or 4.5% net of all costs. 

Jan 27, 2016

Thought leadership

Long-term portfolio guide: Reorienting portfolio strategies and investment management to focus capital on the long term

Since the 2008 financial crisis, there has been plenty of discussion about the perils of short-termism, but concert­ed action to remedy them is lagging. In Focusing Capital on the Long Term, aHarvard Business Review article published in January 2014, Dominic Barton of McKinsey & Company and Mark Wiseman of the Canada Pension Plan Investment Board argue that “the single most realistic and effective way to move forward is to change the investment strategies and approaches of the players who form the cornerstone of our capitalist system: the big asset owners...Action must start with [them]. If they adopt investment strategies aimed at maximizing long-term results, then other key players—asset managers, corporate boards, and company executives—will likely follow suit”.

Jan 26, 2016


Acknowledging CPP’s 50th anniversary

January 1, 2016 marked the New Year and also a special milestone for Canadians:  the 50th anniversary of the establishment of the Canada Pension Plan (CPP).

Jan 21, 2016

News Releases

Six of the World's Largest Institutional Investors Support Innovative New Index as a Powerful Tool to Focus Markets on the Long Term

DAVOS, January 21, 2016: Following today’s launch of the S&P Long-Term Value Creation (LTVC) Global Index, designed to measure companies that have the potential to create long-term value based on sustainability criteria and financial quality, six of the world’s largest institutional investors voiced their support for the Index as a powerful catalyst to influence corporate and investor behaviour. As an immediate indicator of this potential, a number of these investors have committed to initially allocate approximately US$2 billion to funds tracking the S&P LTVC Global Index, with others closely examining their options for allocating capital in support of the Index. This amount is expected to grow substantially.

Jan 12, 2016


Why we have an on-the-ground presence in India

With roughly 17.5% of the world's population and an economy whose growth has is outpaced the world, India represents a key market for us. The opening of our office in Mumbai on October 27th 2015, in India's financial capital, was a significant milestone in our evolution to being a truly global investment organization. Our new Mumbai office is our sixth internationally, joining existing operations in Hong Kong, London, Luxembourg, New York and Sao Paulo. 

Jan 04, 2016

News Releases

Canada Pension Plan Investment Board, GIC and The Scion Group to Acquire University House Communities Group

Toronto, Canada/Singapore/Chicago, USA (January 4, 2016) – Canada Pension Plan Investment Board (“CPPIB”),  GIC and The Scion Group LLC (“Scion”) announced today that they have formed a student housing joint venture entity, Scion Student Communities LP (together with its subsidiaries, “the Joint Venture”). The Joint Venture, through its subsidiary, UHC Acquisition Sub LLC, has signed an agreement to acquire University House Communities Group, Inc. (“UHC”), a leading student housing portfolio in the United States, for a total consideration of approximately US$1.4 billion, including the cost to complete current development projects, from InvenTrust Properties Corp.