Active Overlay

Our active overlay program places a layer of active selection over our passive portfolio of more than 3,100 public companies. In this structure, the CPP Investment Board retains the responsibility of managing the desired market risk exposure (beta), and our external partners are responsible for creating value by taking active positions on different securities (alpha) by selling less attractive stocks from our internal passive portfolio and buying more attractive stocks.

Our Active Overlay Manager is:

Connor, Clark & Lunn Investment Management

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