Quebec pension giant Caisse posts negative return in 'worst market in 50 years'

South Africa News News

Quebec pension giant Caisse posts negative return in 'worst market in 50 years'
South Africa Latest News,South Africa Headlines
  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Caisse de dépôt et placement du Québec posted a negative return of 5.6 per cent in 2022 as stock and bond markets tumbled. Find out more.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up.

As of Dec. 31, 2022, the Caisse had net assets of $402 billion, up from $392 billion at mid-year. The Caisse said the weighted-average return on its depositors’ funds in 2022 outperformed the negative 8.3 per cent return for the benchmark portfolio, equivalent to $10 billion.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fpinvesting /  🏆 43. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quebec pension giant Caisse posts negative return in 'worst market in 50 years'Quebec pension giant Caisse posts negative return in 'worst market in 50 years'Caisse de dépôt et placement du Québec posted a negative return of 5.6 per cent in 2022 as stock and bond markets tumbled. Find out more.
Read more »

Hydro-Québec earns record profit in 2022, yielding a $3.4-billion dividend to the provinceHydro-Québec earns record profit in 2022, yielding a $3.4-billion dividend to the provinceThe government-owned utility reported $4.6-billion in profit for 2022 as soaring prices in export markets contributed to a nearly $1-billion increase in net income
Read more »

Quebec premier pitches English Canada for closure of Roxham Road and transfer of migrants | Globalnews.caQuebec premier pitches English Canada for closure of Roxham Road and transfer of migrants | Globalnews.caThe influx of would-be refugees in Quebec has put significant strain on the housing, education and social services sectors, the government says.
Read more »



Render Time: 2025-03-13 03:16:54