\u0027We’ve been doing more public than private because we just see more value right now,\u0027 CPPIB CEO John Graham says. Read on
Global equity markets have been battered this year as rampant inflation, rising interest rates and high energy prices create a climate of uncertainty for the economy. BlackRock Inc.’s Larry Fink said this is the most challenging environment for investors in decades, though others see it in less dramatic terms, such as Pacific Investment Management Co.’s Anthony Crescenzi, who likened it to a “light rain” rather than a hurricane.
“We actually see it quite quiet right now while people are waiting for value expectations to equilibrate,” he said.
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