RBC: Canadian pension returns up slightly in Q3
By Rob Kozlowski
Source: Pensions & Investments
Canadian corporate and public pension plans in the RBC Investor & Treasury Services universe saw a median gross return of 0.6% in the three months ended Sept. 30.
A news release Friday said the nearly-flat median return was because of a negative market environment in September that counteracted the positive returns in July and August.
Canadian equities returned a median gross 1.5%, while the S&P/TSX Composite index returned 0.2% for the quarter.
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