In 2013, many of Canada’s defined benefit pension funds built on 2012 gains.

Total assets of the top 100 funds reached $975 billion, which was a year-over-year increase of 11.4%, according to data from the Canadian Institutional Investment Network.

Since pensions continued to grow unexpectedly—as a result of generous equity returns—many are now focusing on managing risk.

Read more on how the top 100 pension funds performed last year.

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