Canada pension plans to double hedge fund bets to $160 billion
In short
Canada’s largest pension plans to roughly double its hedge fund investments to $160 billion over the next five to seven years.
The move could support hedge funds by sending much more money their way. It also signals stronger backing for the industry from a major investor.
What the reporting says
Canada’s largest pension is planning to roughly double the money it invests in hedge funds to $160 billion over the next five to seven years. The move was described as a bullish signal from one of the industry’s most important backers.
Why it matters
Canada’s largest pension is planning to roughly double its hedge fund allocation to $160 billion over the next five to seven years. The reported move matters because the fund is described as one of the industry’s most important backers, which can influence sentiment toward hedge funds and wider markets.