Dutch authorities are summoning the Healthcare of Ontario Pension Plan on alleged evasion of dividend withholding tax worth more than €200 million. Last week, the Netherlands Public Prosecution Service confirmed it was calling on a foreign pension fund based on the suspicion of evasion of dividend withholding tax. The agency didn’t name the Ontario pension […]
The chief executive officer at the Healthcare of Ontario Pension Plan delivered one of the clearest signals to the Canadian market that the Maple 8 pension fund is open for business when it comes to infrastructure projects in the country. “I think Canada needs more infrastructure projects,” said Annesley Wallace, chief executive officer at the […]
The late-stage venture and growth investment arm at the Ontario Teachers’ Pension Plan is investing US$40 million in artificial intelligence-powered human capital management platform Darwinbox. As part of the transaction, the Teachers’ Venture Growth is acquiring a stake in the technology firm through primary and secondary transactions. Darwinbox is driving an impressive adoption rate in the […]
The Healthcare of Ontario Pension Plan is appointing Linda Halley as chief risk officer. Halley has been at the HOOPP for 24 years with different roles overseeing operational planning, financial reporting and accounting. Most recently, she was interim chief financial officer at the investment organization. She replaces departing risk leader Saskia Goedhart. Read: HOOPP appointing […]
The Healthcare of Ontario Pension Plan is appointing Reena Carter as chief financial officer effective Aug. 1, 2025. Most recently, she was senior managing director of portfolio management and operations at the Ontario Municipal Employees’ Retirement System. Previously, she held senior finance and audit roles at the OMERS, such as head of investment finance and […]
The Healthcare of Ontario Pension Plan is reporting a 9.7 per cent return as at Dec. 31, 2024, with net assets increasing to $123 billion, up from $112.6 billion in 2023. Public equities (17.9 per cent) and private equities (17.9 per cent) accounted for the highest returns in 2024 within the HOOP’s portfolio. Infrastructure (12.3 […]
An acceleration of significant weather events are impacting the risk premium earned from insurance-linked securities, providing a significant inflation hedge for institutional investors, says Bernard Van der Stichele, senior portfolio manager of insurance-linked securities at the Healthcare of Ontario Pension Plan. “ILS investments earn a risk premium that is directly proportional to the level of risk […]
A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the economy, says Malcolm Hamilton, a senior fellow at the C.D. Howe Institute. “I think it’s very natural for Canadian businesses . . . [that] focus on the Canadian economy, not […]
Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according to a report by data platform Global SWF. The report, which measured the compound annual growth rate of pension funds’ single-year investment returns between fiscal 2013 and fiscal 2022, found […]
The Healthcare of Ontario Pension Plan is renewing its relationship with wealth management firm Northern Trust Corp. as its asset servicing provider. The money manager will oversee global custody, foreign exchange and securities lending services for the pension plan’s $103 billion assets under management. “This decision is a testament to the successful relationship we have […]