OPTrust – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 02 May 2024 20:20:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 OPTrust returns 5.3% in 2023, marks 15 consecutive years at 100% funded status https://www.benefitscanada.com/news/bencan/optrust-returns-5-3-in-2023-marks-15-consecutive-years-at-100-funded-status/ Wed, 13 Mar 2024 13:00:18 +0000 https://www.benefitscanada.com/?p=153071 The OPSEU Pension Trust returned 5.3 per cent for 2023, according to its latest year-end report. It found, as of Dec. 31, 2023, the plan’s net assets stood at $25 billion, up from $24.64 billion in 2022. It also reported a funded status of 100 per cent, marking 15 consecutive years at a fully funded […]

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]]> Three Canadian pension funds’ investments among the biggest mergers, acquisitions deals in Q4 2023: report https://www.benefitscanada.com/canadian-investment-review/research-markets/three-canadian-pension-funds-investments-among-the-biggest-mergers-acquisitions-deals-in-q4-2023-report/ Thu, 01 Feb 2024 16:00:29 +0000 https://www.benefitscanada.com/?p=151213 A joint venture that saw the Canada Pension Plan Investment Board and Blackstone Inc. acquire a 20 per cent stake in a senior mortgage loan portfolio from the failed Signature Bank for US$1.2 billion was the biggest mergers and acquisitions transaction in the fourth quarter of 2023, according to a report by S&P Global Market Intelligence. […]

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]]> Ontario Teachers’ co-sponsoring new Indian renewable energy fund, OPTrust considers selling stake in Spain transport infrastructure company https://www.benefitscanada.com/canadian-investment-review/alts/ontario-teachers-co-sponsoring-new-indian-renewable-energy-fund-optrust-considers-selling-40-stake-in-spain-transport-infrastructure-company/ Thu, 18 Jan 2024 16:00:16 +0000 https://www.benefitscanada.com/?p=150739 The Ontario Teachers’ Pension Plan is co-sponsoring a new India-based infrastructure investment trust holding assets in the renewable energy space. The new fund raised US$165 million as part of an initial units offer and made its debut on the National Stock Exchange of India Ltd. this week. “This milestone not only reinforces our commitment to invest […]

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]]> OPTrust aiming to cut 30% of carbon footprint from portfolio by 2030 https://www.benefitscanada.com/canadian-investment-review/research-markets/optrust-aiming-to-cut-30-of-its-carbon-footprint-from-portfolio-by-2030/ Tue, 19 Dec 2023 16:00:12 +0000 https://www.benefitscanada.com/?p=149043 The OPSEU Pension Trust is targeting a 30 per cent reduction in its carbon footprint by 2030, according to its new climate change report. It found that since 2018, when the investment organization first launched its climate action plan, it has increased its exposure to federal and provincial green bonds to $550 million. OPTrust also expects […]

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]]> Market share of responsible investing AUM increases to 49% in 2023: report https://www.benefitscanada.com/canadian-investment-review/strategies/market-share-of-responsible-investing-aum-increases-to-49-in-2023-report/ Thu, 26 Oct 2023 13:00:10 +0000 https://www.benefitscanada.com/?p=145912 The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in general decreased, according to the Responsible Investment Association’s annual trends report. The report tracks the national trends and outlook for responsible investing by surveying asset managers, including the Alberta Investment […]

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]]> Is the single-employer DB pension plan dead or merely modernizing for the future? https://www.benefitscanada.com/pensions/defined-benefit-pensions/is-the-single-employer-db-pension-plan-dead-or-merely-modernizing-for-the-future/ Thu, 13 Jul 2023 13:00:01 +0000 https://www.benefitscanada.com/?p=140823 Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with a growing number of multi-employer plans making the promise of financial certainty in retirement provided by DB pensions available to private sector employers of all sizes. What’s under threat is […]

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]]> 2023 Top 100 Pension Funds Report: How to improve retirement outcomes across diverse plan member groups https://www.benefitscanada.com/archives_/benefits-canada-archive/2023-top-100-pension-funds-report-how-to-improve-retirement-outcomes-across-diverse-plan-member-groups/ Fri, 23 Jun 2023 12:56:55 +0000 https://www.benefitscanada.com/?p=139798 At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for plan members with disabled children who need to continue to rely on their parents into adulthood. The organization expanded the definition of a child eligible for survivor benefits to include […]

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]]> OPTrust improving survivor benefits for plan members’ dependent children https://www.benefitscanada.com/pensions/defined-benefit-pensions/optrust-improving-survivor-benefits-for-plan-members-dependant-children/ Thu, 06 Apr 2023 13:00:08 +0000 https://www.benefitscanada.com/?p=136096 The OPSEU Pension Trust is expanding the definition of an eligible dependent child so disabled dependent children may be entitled to survivor benefits. Previously, a plan member’s children were only eligible for survivor benefits if they were younger than age 18, older than age 18 and attending secondary school full time or attending a post-secondary […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-28/ Fri, 17 Mar 2023 13:00:51 +0000 https://www.benefitscanada.com/?p=135398 An article on how working mothers are struggling with work-life balance was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Majority of Canadian working moms struggling with work-life balance: survey 2. CPPIB jointly acquiring cloud-based software company, OMERS subsidiary entering debt financing agreements 3. How employers […]

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]]> OPTrust posts 2.2% net losses in 2022, remains fully funded https://www.benefitscanada.com/news/cir-news-news/optrust-posts-2-2-net-losses-in-2022-remains-fully-funded/ Tue, 14 Mar 2023 17:00:11 +0000 https://www.benefitscanada.com/?p=135298 The OPSEU Pension Trust finished 2022 with net assets of $24.642 billion, down 2.2 per cent from the previous year, according to its latest annual results. “The most important thing is the funded status, which is at 100 per cent,” says Peter Lindley, president and chief executive officer of the OPTrust. “I think it’s quite […]

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