Caroline Cakebread
The Ontario Teachers’ Pension Plan is headed to Hong Kong. Teachers’ announced today that is in the preliminary planning stages of opening an Asian regional office in the Chinese city. “Given, the global nature of our business and the increasing importance of the Asian region to our fund, it is logical that we have a location there,” says Leech. The office would be staffed by local and Canadian equities staff from the fund’s private capital and public equities departments. All plans remain tentative for opening the office in 2013. The office is the pension fund’s second major regional offices, following on the opening of its London office in 2007.