Canada defends as some are lumping Sovereign Wealth Funds with Public Pension Funds
Posted on 05/28/2008
It is true the Canada Pension Plan Investment Board (CPPIB) is a sovereign investment vehicle but it is not a sovereign wealth fund. There is a significant difference between the two investor classes and the lines should not be blurred. Public Pension plans are funded by employee contributions not shifts in foreign exchange assets. According […]
