Oct

Canada’s Pension Funds Are Piling on Leverage, Moody’s Warns

Average leverage has increased to 24% from 19% since 2009
Volatility exposure raises question: ‘Why take on more risk?’

Canada’s public pension funds, among the biggest in the world, are piling on risk with leveraged bets in a chase for higher returns, Moody’s Investors Service warns…

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Canada’s Pension Funds Are Piling on Leverage, Moody’s Warns

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