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Fund managers not fussed about potential mining rally

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The mining sector has underperformed global markets for an unprecedented five straight years. A sixth wouldn’t come as a shock, but according to Citigroup analysts, fund managers are giving more thought to the possibility that the sector has bottomed and is poised to rally in 2016. The broader question, however, …

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Suncor, Cenovus launch $100 million cleantech fund

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The oilsands is tapping Silicon Valley talent to tackle some of its biggest environmental challenges. Oilsands companies Suncor Energy Inc. and Cenovus Energy Inc. are set to launch a $100 million Evok Innovations fund in Vancouver Thursday in collaboration with BC Cleantech CEO Alliance. U.S. technology entrepreneur Marty Reed will …

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CPP Fund gain on loonie’s drop delivers 4.5% return on investments in quarter ended Dec. 31

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TORONTO — The CPP Investment Board says the funds it manages for the Canada Pension Plan delivered a 4.5 per cent return, after costs, in the final three months of 2015. As of Dec. 31, which marks the end of CPPIB’s 2015-16 fiscal third quarter, the CPP Fund had $282.6 …

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