CPP Investments Reports 5.4% Return as Assets Reach $777.5 Billion

The Canada Pension Plan Investment Board (CPP Investments) achieved a net return of 5.4 percent for the second quarter of its fiscal year, ending September 30, 2025. This increase propelled its total net assets to $777.5 billion, a significant rise from $731.7 billion at the conclusion of the prior quarter.

The growth in net assets for the quarter was bolstered by $39.8 billion in net income along with $6.0 billion in net transfers from the Canada Pension Plan. The pension fund manager attributed these gains primarily to robust performance in public equities, driven by investor optimism surrounding advancements in artificial intelligence, solid corporate earnings, and anticipated monetary easing in developed markets.

Strong Performance Across Asset Classes

CPP Investments reported that its diversified portfolio, encompassing various asset classes, contributed to the positive results. Investments in private assets, including credit, private equity, infrastructure, and energy sectors, also showed promising returns, indicating a well-rounded strategy.

John Graham, chief executive of CPP Investments, emphasized the importance of a diversified investment approach. He noted that the fund’s success is rooted in its strategy of holding high-quality assets across the globe. Graham stated, “Our diversified approach continues to serve us well, allowing us to navigate market fluctuations effectively.”

As CPP Investments continues to adapt to changing market dynamics, its performance reflects a commitment to prudent investment practices. The board remains focused on long-term value creation for its stakeholders, ensuring the sustainability of the Canada Pension Plan for future generations.

This report was initially published on November 14, 2025, by The Canadian Press.