The wealth management business earned $558 million, up from $546 million a year earlier
The bank reported a profit of $776 million, plus growth in AUA and AUM
The dividend hike and share buyback plan follow OSFI's decision to lift pandemic restrictions
This week's earnings are the first since Canada's banking regulator lifted pandemic restrictions
Profits in the wealth management and life and health insurance division were down from a year ago
CPP Investments says its net assets for the quarter ended Sept. 30 totalled $541.5 billion
Assets under management grew 62% year over year
Assets under management were $180.8 billion at Sept. 30
The firm also announced its investment in alternative wealth platform GLAS Funds
The alternative asset manager says earnings quadrupled, boosted by market performance