Ontario Teachers’ Pension Plan Earns 4.2% in 1st Half of 2024
The Canadian pension fund’s asset value increased nearly C$12 billion for the year to June 30.
The Canadian pension fund’s asset value increased nearly C$12 billion for the year to June 30.
The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.
The former head of ESG at Sun Life Capital Management will lead the $178.6 billion pension fund’s climate strategy.
Despite US constraints and pandemic headwinds, odds are they’ll spring back to their old growth level, analysts say.
Their overseas exposure is expanding, while US funds stay mostly at home.