CPPIB targets larger deals, wants to boost emerging markets exposure
Canada Pension Plan Investment Board (CPPIB) is looking to target larger, more complex acquisitions as part of a wider strategy to increase exposure to emerging markets, particularly China. Mark Wiseman, the plan’s CEO, made the observations as CPPIB announced that its assets rose to a record C$170.1 billion in the third quarter, up from C$165.8 billion three months earlier.
"I do think you are seeing signs of longer-term prospects for growth, both in the US - and that will obviously have an impact on Canada as well - but also some of the numbers that came out of China this...
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