Despite strong returns from infrastructure, Ontario Teachers’ Pension Plan (OTPP) has underperformed its real assets benchmarks for 2024. With a real assets return of 4.9 percent during the past 12 months and 1.2 percent over the past five years, the pension plan comes short of its benchmarks , which achieved one-year and five-year returns of 7 percent and 5.6 percent, respectively.
However, infrastructure saw a 9.1 percent return, which exceeded its benchmark levels of 8.5 percent. This growth is accredited to strong performance in subsectors such as electricity transmission and digital infrastructure.
As of June 30, 2024, OTPP had C$255.8 billion ($178.6 billion) in total assets under management, with C$43.2 billion ($30.2 billion) in global infrastructure assets, including toll roads, airports and digital infrastructure.
