John Graham – Evolution of the Canadian Model at CPPIB (EP.465)

In this episode of Capital Allocators, host Ted Seides interviews John Graham, President and CEO of the Canadian Pension Plan Investment Board (CPPIB), discussing the evolution of the Canadian model for pension fund management, CPPIB's investment framework, and leadership strategies. Graham shares his non-traditional background, transitioning from physical chemistry to investment, and emphasizes the importance of adapting to a changing global landscape. The conversation covers CPP Investments' approach to active asset management, internal vs. external strategies, the Total Portfolio Approach, and the challenges of aligning incentives and managing risk across a large, global organization. They also delve into topical areas like climate investing and AI, and Graham reflects on lessons learned throughout his career.