
Ontario Teachers’ Nets 9.4% Return, Assets Grow to $185.5B
The fund touted strong returns across equities, credit and inflation-sensitive assets.
Jonathan Grabel, CIO of the Los Angeles County Employees Retirement Association, spoke with CIO as a part of the 2025 CIO interview webinar series about asset allocation, how a plan can construct a portfolio against the changing dynamic of interest rates, and more.
The pension fund raised its asset value by $3.5 billion to $38.7 billion despite ending the year with a Q4 loss.
However, the largest pension fund in the U.S. says the pro-investment approach is more effective than divestment.