
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 $31 billion pension fund has also issued an RFP for a custodial services provider.
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.
LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
A federal judge dismissed a case that alleged Unilever misled investors by concealing a board resolution.
Hazards are already apparent for many institutional investors in infra funds, says French business school EDHEC.
Brad Lander warns that a prolonged work stoppage may harm the ‘long-term stability' of investments held by the city’s pension funds.
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
The fund’s asset value rose to $254.1 billion, a big improvement from the prior-year period.
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
The $72 billion pension fund aims to reduce risk by cutting back its allocations to private markets and absolute return.
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 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.