Canadian employer-sponsored pension funds had a combined C$1.34 trillion (US$1.23 trillion) in assets at the end of 2013, up 5.8% from three months earlier, according to Statistics Canada, the government's statistics agency.
Assets invested in equities increased 9.4% to C$425 billion; short-term assets rose 5.3% to C$48 billion; other assets, including private equity and alternative investments, were up 5.2% to C$273 billion; and bond investments increased 3.6% to $464 billion.
Mortgages rose 4.5% to C$13 billion, while real estate investments were up 3.3% to C$110 billion.
The aggregate asset allocation for the plans as of Dec. 31 was 34.6% bonds, 31.7% equities, 21% other assets, 8.2% real estate, 3.5% short-term investments and 1% mortgages.
