Pensions
HOOPP Returns 9.8% in 2023
The Healthcare of Ontario Pension Plan saw strong returns from public and private equities.
Investors see the U.S. macroeconomic environment at its most encouraging to equities in years, according to S&P Global.
The School Employees Retirement System of Ohio topped its benchmark and raised its asset value to $17.8 billion.
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
The returns are expected to reduce the city’s required contributions to the pension systems by approximately $550 million over the next five years.
Pension giant is seeking a better way to implement its China equity exposure.
Liselott Ledin was placed on leave after Sweden’s largest pension fund lost almost $2 billion during recent U.S. banking failures.