Canadian pension fund stays mum on labor union s concerns over MBK Partners
Posted : 2021-02-05 18:17
By Park Jae-hyuk
CPP Investments, a global investment management firm that invests the assets of the Canada Pension Plan, has remained silent about a letter sent to it by the Canadian Labour Congress (CLC) last Friday asking the pension fund manager to review its investment in MBK Partners in terms of its commitment to responsible investment and long-term value creation. Unfortunately, we will not have any comment to this, CPP Investments corporate communications director Connie Ling told The Korea Times via email, Thursday.
The CLC also said it has not yet received a reply from CPP Investments.