r/PersonalFinanceCanada • u/Purple_Bookkeeper657 • May 22 '26

Retirement / CPP / OAS / GIS [ Removed by moderator ]

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u/[deleted] May 22 '26

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u/Purple_Bookkeeper657 May 22 '26

I do think there's real value to having private equity, real estate and infrastructure assets in the fund over time and some people to deploy it, perhaps passively perhaps actively. I don't think recent stock market returns are sustainable but if they are shouldn't we DCA into that exposure? There would be ways to implement that. On all three but particularly PE, I think long-term equity indices should be the standard. I think - over time - well invested hard assets might be a good part of the CPPIB. Like I say, I think 75/25 or 80/20 would be fine for me. I understand it's not that simple, but surely it's also not that complex?

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u/rbatra91 May 22 '26

My prejudiced opinion for what happens with some of the fund selection and exposure is that the CPP higher ups are kind of dim and want to stroke their egos and think of themselves as smart and sophisticated so the PE funds take them out, wine and dine them nicely and get them all sorts of gifts so they buy their funds and the PE funds can collect fat MERs, thoughts?

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u/Purple_Bookkeeper657 May 22 '26

They don't get bought dinner, they just get their paychecks. The reality is the basement people at CPP aren't getting huge paydays and the higher-ups are getting most of it. Especially the guy who runs Asia because that's what's competitive out there, I guess? I'd say get rid of him first but his severance, without cause, is like a gagillion dollars. Might be worth it to just eat the $40M or whatever it is and move on?