Asset Owner Directory

Ontario Pension Board

Ontario Pension Board (OPB) is the administrator of the Public Service Pension Plan, a major defined benefit pension plan, sponsored by the Government of Ontario. Assets are managed by Investment Management Corporation of Ontario (IMCO).

Country

Canada

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$25

Performance (%, 1YR)

-7.8

Chief Executive

Mark J. Fuller

Chief Investment Officer

Chris Kautzky

Chair

Geri Markvoort

Asset allocation

0.7% Money Market

13.3% LT Government Bonds

9.3% Inflation-linked Bonds

10.2% Global Credit

3.1% Canadian Equities

12.1% Global Equities

7.6% Emerging Markets Equities

18.8% Real Estate

12.2% Infrastructure

13.3% Private Equity

4.5% Public Market Alternatives

-5.1% Portfolio Leverage

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Asset Allocation

IMCO plots private, inhouse future

The C$60 billion ($48 billion) Investment Management Corporation of Ontario, the latest kid on the block in Canada’s pension scene, is planning its asset allocation 2.0, which will involve more private and direct investments, more internalisation and lower costs. Amanda White spoke to chief executive Bert Clark and chief investment officer Jean Michel.