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Caisse de Depot et Placement du Quebec (CDPQ)

Created in 1965 to manage the funds of the Québec Pension Plan, a newly created universal pension plan, CDPQ’s current role is to manage investments on behalf of most of Québec’s public and parapublic pension and insurance funds. CDPQ manage the funds of over 6 million Quebecers.

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Country

Canada

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$316

Performance (%, 1YR)

7.2

Chief Executive

Charles Emond

Chair

Jean St-Gelais

Asset allocation

31.2% Fixed income

24.4% Real Assets

44.9% Equities

-0.5% Other

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News

CDPQ balances equity gains with real estate woes

Equity and infrastructure drove gains at C$473 billion ($329 billion) Caisse de Depot et Placement du Quebec, but “persistent headwinds” in real estate allocation given the fund’s above benchmark exposure to US offices in poorly performing cities New York and Chicago dragged down performance in 2024.
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