Ontario Teachers’ Pension Plan CEO to Retire
Jo Taylor will become the new chief January 1, 2020, after Ron Mock departs.
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%.
Robust international portfolio delivered $9 billion in 2018.
CEO Machin expects the next few years to be ‘much more challenging’ for investments.
Tumbling equity markets in Q4 negated a strong first half.
Enhancement will increase benefits and contributions for working Canadians.
Pension board CEO says it will stay cool-headed amid Beijing’s threats over Canadian arrest of tech heiress.