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Net assets grew to $247.2 billion, approaching the pension’s goal of $300 billion by 2030 and Teachers’ beat its benchmark return of 2.3 per cent.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
“We delivered positive results for our members in 2022, leveraging our portfolio diversification and flexible asset allocation capabilities in a difficult investment environment,” said Jo Taylor, chief executive of Teachers’. “Our relative investment performance in 2022 was impressive, as many public equity and fixed income indices experienced double-digit losses during the year.”
The latest results contributed to an annualized net return of 9.5 per cent since the pension management organization’s inception in 1990, and five- and 10-year annualized net returns of 7.3 per cent and 8.5 per cent, respectively.”
Heavily invested in oil and gas. 😆😆Smart
I’d like to see the current value of their PE holdings.
Even with the FXT thing? 🤔
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Source: financialpost - 🏆 7. / 85 Read more »