The Ontario Teachers’ Pension Plan is a world class active investor. It is also one of the largest pension funds in the world.
Based in Toronto, in the province Ontario, Canada, it looks after and pays the pensions and investment plan assets on behalf of 303,000 working and retired teachers. Incredibly only established in 1990.
Canadian $129.5 Billion in net assets = US$124.9 Billion = £79.5 Billion
10.1% Annualised rate of return since 1990
The Fund:
Equities $59.5 Canadian Dollars, 47% of the Fund
Significant Investments
Camelot Group plc (UK National Lottery)
Hitachi Ltd.
Michael Kors Holdings Ltd
Fixed Income $60 Canada Dollars, 48% of the Fund
Significant Investments
Government of Canada nominal and real return bonds
Canadian and international corporate bonds
U.S. treasury inflation protected securities
Commodities $7 Canada Dollars, 5% of the Fund
Significant Investments
Commodity derivatives
Real Estate $28.7 Canada Dollars, 23% of the Fund
Significant Investments
Toronto Eaton Centre shopping and office complex
Toronto-Dominion Centre shopping and office complex
Lakewood Mall, California
Copenhagen Airport A/S (Infrastructure)
GCT Global Container Terminals Inc. (Infrastructure)
Total Assets of $127.3 billion
A long term investor, looking after the futures of Ontario’s teachers. Intersting to see that it an active investor in Infrastructure investments, an investment class that is becoming more mainstream as an underlying investment that gives stable and steady returns.