Canada’s largest pension fund souring on emerging markets

CPPIB chief executive officer John Graham. — Bloomberg

LONDON: Canada Pension Plan Investment Board (CPPIB), one of the largest investment firms globally, is seeing fewer opportunities to put money to work in emerging markets.

“Our emerging markets investments have evolved over time,” CPPIB chief executive officer John Graham said in a Bloomberg interview in London, adding that the firm has reduced its exposure to the region.