Reported 6 months ago
Canada Pension Plan Investment Board has reduced its exposure to investments in China to 5% of its assets, down from 10% in 2022, due to higher risks in the country. The fund's CEO mentioned that their strategy in China remains the same, but they are more cautious with their investments. Other Canadian institutional investors are also adjusting their strategies in China amid concerns about economic and policy risks and strained international relations. CPPIB's Asia Pacific investments returned only 0.1% during the fiscal year, with the region now representing 21% of its portfolio, down from 26% two years ago. The fund is expected to become more active in dealmaking over the next 12 months.
Source: YAHOO