Canada Pension Plan Investment Board names new chief investment strategist


Canada Pension Plan Investment Board (CPPIB) has named Ed Cass as senior vice president and chief investment strategist, as well as a member of the senior management team.

Cass will be responsible for overall fund level investment strategy and will chair the investment planning committee, which approves all new investment programmes and oversees all portfolio risks, including passive, active, credit and liquidity risks.

Earlier this year chief investment strategist Donald Raymond stepped down after 13 years with the fund.

Cass is currently vice president and head of global tactical asset allocation in the public market investments department, having held several other senior leadership roles in that department.

Prior to joining CPPIB in 2008, Cass was managing director and co-chief investment officer for Fortress Investment Group’s Drawbridge Relative Value Fund. He previously held senior positions at Deutsche Bank Canada and TD Securities.

CPPIB invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 18 million Canadian contributors and beneficiaries. The CPP Fund total approximately C$192.8bn. Earlier this month CPPIB confirmed plans to open a new office in São Paulo, Brazil to focus on investment opportunities in Latin America.

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