Ontario Teachers’ Pension Plan CIO Ziad Hindo to Step Down at Year’s End
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
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.
C$201.4 billion fund boosts its fixed income holdings to counter global slowdown.
Despite a volatility snag to its funded status, plan is still fully funded.
Public, private equity and inflation-linked assets bolster the Canadian pension plan.
New investment head Ziad Hindo aims to boost international investing, along with a newly named global development director.