{"id":16461,"date":"2019-08-21T10:39:10","date_gmt":"2019-08-21T14:39:10","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/ontario-teachers-posts-6-3-for-first-half-of-2019-134525"},"modified":"2019-08-21T10:39:10","modified_gmt":"2019-08-21T14:39:10","slug":"ontario-teachers-posts-6-3-for-first-half-of-2019","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/08\/21\/ontario-teachers-posts-6-3-for-first-half-of-2019\/","title":{"rendered":"Ontario Teachers\u2019 posts 6.3% for first half of 2019"},"content":{"rendered":"\n<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2018\/06\/Ontario_Teachers__Pension_Plan_Ontario_Teachers__CEO_Ron_Mock_ho.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"(CNW Group\/Ontario Teachers' Pension Plan)\" title=\"Ontario Teachers\u2019 posts 6.3% for first half of 2019\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Martha Porado <\/span>&nbsp;|&nbsp;August 21, 2019 <\/p>\n<p>The Ontario Teachers\u2019 Pension Plan increased its net assets by $10.3 billion in the first half of the year, reaching a total of $201.4 billion as of June 30, 2019, and achieving a return of 6.3 per cent.<\/p>\n<p>\u201cWe\u2019re pleased to report that our results at mid-year are strong,\u201d said Ron Mock, president and chief executive officer, during a conference call on Wednesday.<\/p>\n<p>Most asset classes grew, with real estate the one exception. It shrank from 15 per cent to 14 per cent of the total portfolio and ticked down in dollar terms from $27.44 billion to less than $27.23 billion.<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/ontario-teachers-posts-2-5-return-for-2018-amid-volatile-investment-environment-128000\">Ontario Teachers\u2019 posts 2.5% return for 2018 amid volatile investment environment<\/a><\/strong><\/p>\n<p>Fixed income saw the biggest shift, moving from 31 per cent to 36 per cent of the total portfolio, rising from $58.24 billion in assets to just under $71.94 billion. Ziad Hindo, chief investment officer, noted on the call that the shift to more fixed income was part of an initiative to balance the portfolio\u2019s risk to fortify further sustainability.&nbsp;The asset class has posted the strongest returns of any asset class for the year so far, he added.<\/p>\n<p>\u201cWe\u2019re really focused on building a diversified portfolio that is balanced from a risk perspective,\u201d said Hindo.<\/p>\n<p>Solid equity returns were offset partially by the strong Canadian dollar, he added. Currency fluctuations ultimately&nbsp;had a&nbsp;negative 1.3 per cent impact on returns, with the loonie\u2019s strength the main driver.<\/p>\n<p>Going forward, added Hindo, the Ontario Teachers\u2019&nbsp;is focused on continuing to hire global talent to buy, source and manage assets across the globe to further increase its geographic diversification.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/ontario-teachers-names-jo-taylor-next-president-and-ceo-132782\">Ontario Teachers\u2019 names Jo Taylor next president and CEO<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/ontario-teachers-posts-6-3-for-first-half-of-2019-134525\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martha Porado &nbsp;|&nbsp;August 21, 2019 The Ontario Teachers\u2019 Pension Plan increased its net assets by $10.3 billion in the first half of the year, reaching a total of $201.4 billion as of June 30,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/16461"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=16461"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/16461\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=16461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=16461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=16461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}