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Canada’s $373 Billion Fund Chooses Safety After CEO Resigns

(Bloomberg) — Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio…

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