From Yahoo Finance: 2025-03-20 12:40:00

Ontario Teachers’ Pension Plan saw a 9.4% gain in 2024, driven by strong returns in stocks, venture growth, and commodities, boosting net assets to C$266.3 billion. The fund missed its benchmark of 12.9%, with gold being the top performer. The plan is cautious amid market uncertainty and seeking quality investments in sectors like defense. A new department called Portfolio Solutions aims to enhance value creation and outcomes from the portfolio.

Venture growth holdings rose by 26%, led by SpaceX, while all asset classes except real estate saw gains. The pension fund is actively seeking investments in venture, private equity, and infrastructure but has raised the bar for quality. A significant foreign currency gain of nearly C$7 billion was driven by the US dollar’s appreciation compared to the loonie. Ontario Teachers’ is focused on maximizing the potential of its assets and making strategic investments.



Read more at Yahoo Finance: Ontario Teachers’ Gains 9.4% in 2024, Boosted by Venture Investments and Stocks