Asset Owner Directory

Healthcare of Ontario Pension Plan (HOOPP)

Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario’s hospital and community-based healthcare sector. HOOPP serve more than 400,000 members who provide valued healthcare services at more than 610 employers across the province.

Country

Canada

AUM ($B)

$83

Performance

11.42

Chief Executive

Jeff Wendling

Chief Investment Officer

Michael Wissell

Chair

Adrian Foster

Asset allocation

To meet its promise, HOOPP’s pension investments are managed by an in-house team of investment professionals employing a Liability Driven Investing (LDI) approach.

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2020. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

Behind HOOPP’s stellar results and its biggest risks

As HOOPP chief investment officer Michael Wissell celebrates one year in the job, Amanda White spoke to him about the sources of return for the fund’s excellent performance, its world-leading funded status, the evolution of the investment allocations and the fund’s biggest risks.

Amanda WhiteSeptember 29, 2022

FIS Chicago 2022

Investors prioritise governance, tilts and liquidity

In a wide-ranging session at the Fiduciary Investors Symposium at Chicago Booth School of Business investment executives from HOOPP, CalSTRS, USS and Cbus reflect on the need for strong governance in the current climate, diversification and liquidity.

Sarah RundellJune 9, 2022

Asset Allocation

HOOPP and OPTrust: Funded status focus

Despite threats to pension funds’ funded status including the investment environment, plan maturity, longevity risk and low interest rates affecting the funding valuation, Canadian funds HOOPP and OPTrust celebrated healthy funded status in recent reports. Top1000funds.com looks at their approach.

Sarah RundellMarch 22, 2022

Investor Profile

HOOPP’s new focus: Climate change, inflation and innovation

In his first interview since becoming CIO, Michael Wissell tells Sarah Rundell about the plans for developing HOOPP's portfolio, which includes a focus on climate change, inflation and innovation while always keeping an eye on the total portfolio.

Sarah RundellOctober 12, 2021

Investor Profile

Is LDI fit for purpose?

An LDI approach, which included a large allocation to bonds and a lot of internal investment management, helped HOOPP survive the GFC and has served it well for the past 13 years. But now – with the COVID crisis and a very low interest rate environment – that approach is being revisited and the fund is looking to invest more in alpha generating assets, and external management.

Amanda WhiteNovember 12, 2020

Infrastructure

Infra models under the spotlight

A nuanced environment for modelling cash flows and discount rates in infrastructure comes at a time when pension funds globally are looking to invest more heavily in the asset class. So what should investors be looking out for?

Matthew SmithNovember 5, 2020

View more articles

Asset Owner Directory

Fund Name	Country	AUM ($B)	Articles	More Info
Wellcome Trust	United Kingdom	$32	9	View Info
University of Texas Investment Management Company (UTIMCO)	United States	$69	6	View Info
California State Teachers Retirement System (CalSTRS)	United States	$309	110	View Info