CPP Investments Reports 5.4% Return, Boosting Assets to $777.5B

The Canada Pension Plan Investment Board (CPP Investments) reported a net return of 5.4 percent for its second quarter, contributing to an increase in net assets to $777.5 billion as of September 30, 2025. This figure represents a significant rise from $731.7 billion at the end of the previous quarter.

The growth in net assets was bolstered by $39.8 billion in net income, alongside $6.0 billion in net transfers from the Canada Pension Plan. The board highlighted that the positive performance in public equities played a crucial role, spurred by investor optimism surrounding advancements in artificial intelligence, robust corporate earnings, and expectations for ongoing monetary easing in developed markets.

Strong Performance Across Investment Categories

In addition to public equities, CPP Investments noted strong results in its private asset portfolios. Investments in sectors such as credit, private equity, infrastructure, and energy were particularly noteworthy, contributing to the overall success of the fund during the quarter.

John Graham, chief executive of CPP Investments, emphasized the importance of a diversified investment strategy. He stated that the fund continues to benefit from owning high-quality assets on a global scale, which positions it well to navigate various market conditions.

The positive results reflect the board’s ongoing commitment to maximizing returns for contributors and beneficiaries of the Canada Pension Plan. As the fund manages substantial assets, it remains focused on leveraging its diversified portfolio to achieve sustainable growth.

This report underscores the resilience of CPP Investments in a fluctuating economic environment, showcasing its ability to adapt and thrive amid various challenges. As the organization looks ahead, it is poised to continue its mission of securing the financial future of Canadians through prudent investment strategies.