Canada pension fund looks to raise India investments

LOCALASSETS AT C$29.5 BN; INVESTMENTS TRIPLE IN 5 YEARS

- VIVEAT SUSAN PINTO

A MIX OF investable opportunities across energy, infrastructure, real estate and financial services, coupled with stable market conditions, will be key to deploying additional capital in India, said John Graham, chairman and CEO of the Canada Pension Plan Investment Board (CPPIB), one of the world’s largest retirement funds, during a select media roundtable in Mumbai on Wednesday.

The pension fund, which operates as CPP Investments, will also increase its India exposure after tripling its investment in five years in the domestic market, Graham said, adding that India is a “fast-growing dynamic economy”, prompting it to look for more opportunities here.