![]() “We think our conclusions are solid, but obviously we’d be more comfortable if we’d had access to more information to validate what we’re saying. “We think the work is well done,” he said. Gagné acknowledges that his report may contain errors, adding that that the Caisse’s “lack of transparency” complicates his work. Its average cost ratio between 20 has been about 35 per cent lower than the average of its Canadian peers over the same period, the Caisse said. Total costs represented 0.48 per cent of the portfolio in 2022, the Caisse said. The Caisse also believes that operating expenses aren’t a good indicator if they aren’t compared with total asset size. Private investments are rigorously valued by following “the strictest standards” and using external auditors and independent appraisers to validate figures, the Caisse says. This advertisement has not loaded yet, but your article continues below. WELL (adverb) in a manner affording benefit or advantage.
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