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

$25

Performance (%, 1YR)

8.10

Chief Executive

Darwin Bozek

Chief Investment Officer

Andrew Tambone

Chair

Geri Markvoort

Asset allocation

0.2% Money market

37.1% Fixed income

21.6% Public equities

14.9% Real estate (net of financing)

14.8% Infrastructure

14.7% Private equity

2.3% Public market alternatives

-5.6% Portfolio leverage

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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.
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