CPPIB chief Mark Machin sees 'wall of money' headed to infrastructure investments

Economies around the world won’t be back to pre-pandemic levels until the back half of 2022, according to Mark Machin, chief executive of the Canada Pension Plan Investment Board. In the meantime, Canada’s largest pension will seek investments in sectors poised for rebound, such as toll roads and cruise lines, and even shopping malls in geographies where retail has already rebounded, such as India, he said in an interview...