Canadian giant halves targets

Caisse de Dépôt et Placement du Québec, one of Canada's largest pension funds, is targeting average returns of 7% a year over the next decade, less than half of its return last year.

The $108bn (€88.6bn) fund returned 14.7% during 2005.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire