Ontario Teachers’ Returns 6.3% in First Half of 2019
C$201.4 billion fund boosts its fixed income holdings to counter global slowdown.
C$201.4 billion fund boosts its fixed income holdings to counter global slowdown.
Total returns for the first half of the year register a robust 10.2%.
Returns are up more than 11% so far in 2019.
Falling bond yields prove too much for robust asset gains.
Fund details how it works climate risk into investing its nearly $150 billion in assets.
Jo Taylor will become the new chief January 1, 2020, after Ron Mock departs.
Canadian pension fund interested in Elon Musk’s rocket business, in particular its Starlink satellite network project.
Analysis shows a passive strategy could have cost CPPIB nearly C$50 billion since 2006-2007.
US, Canadian equities were top-performing asset classes.
Despite strong gains, funds underperformed the benchmark portfolio.
Pension fund reduced the carbon intensity of its portfolio by 10% in 2018.
Fund’s performance last year was driven by active management decisions.
Funded level of Segal Group model falls to 95% from 102%.