Quebec’s Caisse taps Canada’s former UN ambassador to run international investments


Marc-André Blanchard will oversee investments outside Canada, where the pension fund has 66 per cent, or about $225 billion, of its $340 billion in assets. (The Logic)

Read this article for free

By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

Already a subscriber?

Talking point: Blanchard, who spent the past four years as Canada’s UN ambassador, was replaced earlier this month by Bob Rae. Blanchard is taking over a growth area for the pension fund. The Caisse increased its international investments last year, with the U.S., India, Brazil and Colombia all areas of focus. The fund posted a 9.2 per cent annualized return over 10 years in its annual report for 2019, published in June. Prior to taking the UN role, Blanchard was the past CEO of McCarthy Tétrault. He’ll report directly to the Caisse’s new CEO, Charles Emond, who has held the job for six months.