Ontario Teachers' Pension Plan Board ekes out small return in 'difficult' markets News Finance TeachersPensionPlan Ontario
“In a tumultuous time for global markets and with the highest inflation rates we have seen in decades, we were able to deliver positive returns for our members and continue to make progress towards our goal of reaching $300 billion in net assets by 2030,” Jo Taylor, the fund manager’s chief executive, said in a statement.
“These results show that diversification, active management and an agile investment approach enable us to generate returns in a wide array of investment environments and position us well to navigate through what is likely to be a challenging investment landscape over the next few years.” The fund’s one-year net return is 8.3 per cent, with an annualized total-fund net return of nine per cent over 10 years. The return since inception is 9.6 per cent.Article content
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