Research - APRIL 1, 2015

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Ontario Teachers reports successful 2014

by Zoe Loza

The Ontario Teachers’ Pension Plan’s investments returned 11.8 percent in 2014, and the plan’s total assets rose to C$154.5 billion ($122 billion) from C$140.8 billion ($111.2 billion) at the end of 2013.

OTPP is 104 percent funded as of the beginning of this year; this is the second consecutive year that the pension fund has reported a surplus.

The pension plan’s real assets allocation, consisting of investments in real estate and infrastructure, earned a 10.8 percent return and ended the year with a value of C$34.7 billion ($27.4 billion) — a C$4 billion ($3.2 billion) increase from the previous year.

Real estate had a return of 11.1 percent, and infrastructure had a return 10.1 percent, both exceeding their benchmarks of 7.4 percent and 5.9 percent, respectively.

“These strong results were achieved in a turbulent investment environment,” said Ron Mock, president and CEO of OTPP, in a statement. &ld

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