John Bowker
@johnbowker.bsky.social
Policy researcher, retired record & book peddler. Transit, housing, land use, energy, infrastructure & misc #onpoli wonkery. #ONDP. Tweets my own (he/him)
Under active management, CPP fees paid to external investment managers increased from $36 million in 2006 to $3.5 BILLION in 2024. Despite these costly managers, CPP admits Canadians would’ve had better returns with a passively-managed index fund www.theglobeandmail.com/opinion/arti... #cdnpoli
Opinion: Eighteen years and $46-billion later, the CPP admits it could have earned more just by buying index funds
Not only did the fund trail its benchmark in its most recent fiscal year – it is now trailing it over the entire 18-year period since the fund went all in on active management
www.theglobeandmail.com
November 2, 2025 at 3:49 PM
Under active management, CPP fees paid to external investment managers increased from $36 million in 2006 to $3.5 BILLION in 2024. Despite these costly managers, CPP admits Canadians would’ve had better returns with a passively-managed index fund www.theglobeandmail.com/opinion/arti... #cdnpoli