Michael Sabia, President and CEO of the C$159 billion Caisse de dépôt et placement du Québec, said the Canadian pension fund manager will ratchet up its investments in alternative assets, such as real estate, private equity and infrastructure. The Globe and Mail reports Caisse will allocate up to C$12 billion more to private investment to compensate for slow global economic growth, the rise of emerging markets, low interest rates and capital market volatility. By 2015, private investments should make up 30% of the Caisse’s total portfolio, up from the current 25 percent.
For more information concerning the Caisse de dépôt et placement du Québec, visit its website.
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