Business

Canada’s Largest Retirement Fund Sells Car Stocks in Apple, Tesla, NIO, XPeng, Li


Canada’s largest pension fund by assets under management has recently made notable changes in its investments in

Apple

and four well-known electric vehicle manufacturers.

Canada Pension Plan has slashed its stake in Apple stock (ticker: AAPL), halving its investment in

Tesla

(TSLA) and almost wiped out the shares of Chinese electric vehicle manufacturers

NIO

(NIO),

XPeng

(XPEV) and

Automobiles

(LI) in the third quarter. The Canadian Pension Plan Investment Commission, known as CPP Investments, the pension regulator, has disclosed stock transactions, among others, in a form it submits with the Securities and Exchange Commission.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button