Financial Times FT.com

Canadian pension fund tries to show it is best

By Henny Sender in New York

Published: May 28 2008 04:13 | Last updated: May 28 2008 04:13

The Canadian Pension Plan Investment Board on Wednesday opens its London office with its mantra that not all investors are alike and, among big public investors, it is best in class.

Its message is coming at a time when public pension funds are increasingly concerned about being caught in the backlash against sovereign wealth funds as they compete with these huge pools of capital for the best investment opportunities. The Canadian pension fund, which has C$123bn ($124bn, £63bn) under management, wants to make clear just how different it is from sovereign wealth funds.

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