CPP posts 6.6 per cent annual return

MONTREAL • The Caisse de Dépôt et Placement du Québec will increase its investments in real estate, infrastructure and private equity by as much $12-billion over the next two years as it hunts for assets with intrinsic value not necessarily reflected in “hyper short-term focus” of public markets.

The topic of Illinois' various insolvent pension systems is not news to regular Zero Hedge readers.

The California Public Employees' Retirement System (CalPERS) is an agency that manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families. Its pension plan assumes 7.5% annual growth. For fiscal year ending 2012 CalPERS Reports Preliminary Performance of 1 Percent. How Underfunded is CalPERS?

Six-month figures released Friday show the Caisse de dépôt et placement du Québec had net assets of $165.7-billion at the end of June, a sliver below the figures reported by the CPP Fund last week

TORONTO – There could be some relief on the horizon for Canadian pensions with solvency positions improving “sharply” in the first quarter of this year due to a strong equity market performance and an uptick in long-term interest rates, according to a report released Tuesday by pension consultant Mercer LLC. In addition, “plan sponsors have been making contributions to fund the deficits,” said Manuel Monteiro, a partner in Mercer’s financial strategy group.

By MyPlanIQ:From the latest news from AI-CIO (Asset International's Chief Investment Officer) Court Tells San Francisco Pension System to Change its Strategy:

In the worst possible form of kicking the can down the road, at the worst possible time as well (given the lofty overvalued condition of the stock market), To Pay New York Pension Fund, Cities Borrow From It First.

MONTREAL — The Caisse de dépôt et placement du Québec moved to distance itself Wednesday from the Quebec government’s plans to shield the province’s corporations using a special $10-billion strategic fund, saying it is “not in the protection business.” Quebec finance minister Nicolas Marceau indicated as recently as Feb. 13 that his Parti Québécois government was still working up plans for such a fund after Premier Pauline Marois insisted during last summer’s election campaign that Quebec “needs to act with force” in regaining control of its economic development.