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Soaring stock prices boosted returns at major Canadian pension plans, even as a slowdown in private equity weighed on overall performance at funds like the Ontario Teachers' Pension Plan. But strong equity returns聽don't聽necessarily mean pension plans should聽allocate聽more capital to stocks, Sebastien Betermier told Bloomberg.聽

"Valuations are high, so there is a risk of investing in listed equities at their peak," says Betermier, an associate professor of finance at 成人VR视频 Desautels.聽聽