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OTPP, CPPIB cut listed stocks, underline Asia focus

Joe Marsh
Canada’s two biggest state retirement funds are shifting allocations in the face of various concerns, and stressing the importance of Asia, and particularly China, to their thinking.
OTPP, CPPIB cut listed stocks, underline Asia focus

Canada Pension Plan Investment Board and Ontario Teachers Pension Plan are busy revising their portfolios amid rising interest rates and fears that inflation may rise faster than expected. They are also underlining the importance of Asia, and particularly China, to their business and investment strategies.

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