2023: Ontario Teachers' Pension Plan underperforms with 1.9% gain due to real estate and infrastructure losses.
Ontario Teachers' Pension Plan gained 1.9% in 2023, underperforming its benchmark by a wide margin due to losses in real estate and infrastructure assets. The fund's under-exposure to stocks also negatively impacted its returns. Despite a strong portfolio performance in credit and stocks, the real estate portfolio experienced a 5.9% decline. The fund's total assets reached $247.5 billion at year-end.
March 12, 2024
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