Like everyone else, we are watching the Russian invasion of Ukraine with great concern. Our thoughts are with the people of Ukraine.
It has come to our attention that false and outdated data is circulating in social media networks about assets of CPP Investments in Russia.
For clarity, and to address misinformation, CPP Investments made a deliberate decision several years ago to avoid Russia as one of our markets. As a result, we have not undertaken any acquisitions in Russia. This was made public and profiled in national news publications. Indirect exposures are insignificant, stemming externally from widely used global indices designed specifically by index companies to provide investors efficient diversification to virtually every investible market. We engaged early on with the companies that create these indices and understand that any exposures – even relatively insignificant – will be removed.
Like everyone else, we are watching the Russian invasion of Ukraine with great concern. Our thoughts are with the people of Ukraine.
It has come to our attention that false and outdated data is circulating in social media networks about assets of CPP Investments in Russia.
For clarity, and to address misinformation, CPP Investments made a deliberate decision several years ago to avoid Russia as one of our markets. As a result, we have not undertaken any acquisitions in Russia. This was made public and profiled in national news publications. Indirect exposures are insignificant, stemming externally from widely used global indices designed specifically by index companies to provide investors efficient diversification to virtually every investible market. We engaged early on with the companies that create these indices and understand that any exposures – even relatively insignificant – will be removed.
