Canada’s largest pension fund will further boost its investments in India, where it has tripled assets under management over the last five years to about $22 billion, its top executive said.
The Toronto-based fund would focus on “real assets such as energy, infrastructure and real estate, where there is opportunity to invest at scale,” Canada Pension Plan Investment Board Chief Executive Officer John Graham said in a media briefing in Mumbai on Wednesday. The firm’s net assets in India stood at around C$30 billion ($22 billion) as of the end of June, up from C$10 billion in 2020.