OPTrust's Private Markets Group has only used up a tiny portion of its allocation to private equity. OPTrust has been fully funded for the past 11 years and continues to be fully funded, with “an abundance of liquidity.” Resilience From a macro perspective Davis believes there is a paradigm shift underway and the response from governments and central banks dealing with the challenges of the crisis is a game changer. James Davis February 25, 2019. Assistant Portfolio Manager, Global Opportunities, Tactical Asset Allocation Ontario Teachers' Pension Plan Feb 2007 - Dec 2008 1 year 11 months. The Cascade Power Project is a 900-megawatt combined-cycle natural gas-fired […] Asset Allocation. The member-driven investing strategy changed the plan’s asset allocation. 18 December 2018. Retirement Planning. As part of the new strategy, the OPTrust also diversified by looking at different strategies in alternatives. Yaelle Gang of the Canadian Investment Review reports, Data is an asset class, says OPTrust CIO: It’s been almost a year since the OPSEU Pension Trust co-launched an investment platform, EdgeCore Internet Real Estate, which builds, owns and operates North American data centres. OPB’s strategic asset allocation provides for a further shift away from public markets to private markets investments. The financing for the project is worth C$ 1.5 billion. As with many pension funds that have adopted the Canadian Model, private equity is an important part of OPTrust’s portfolio. Independent Financial Advisors. With board oversight, the plan's management manages both the policy and asset mix together under our … Ensuring diversity among our investments is an essential part of risk management and underlines the importance of our asset-mix policy. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets through joint trusteeship. OPTrust manages roughly $22 billion and and roughly $2.9 billion (13%) is invested in Private Equity and the allocation will go up to 15% over the long run, so it's an important asset class in terms of providing stable and attractive yields. Real Estate Management. The OPSEU Pension Trust is making an additional purchase of $100 million in Ontario government green bonds, bringing its allocation in the asset to … Five plans for public sector workers in the same province, each with their own asset allocation… O’Reilly expects failures and aims to share OPTrust’s experience publicly via documents and case studies. Banks Retail & Private. There is a significant allocation to "market neutral and multi-asset strategies" (20%) The weightings in Real Estate (14.3%) and Infrastructure (11.1%) are also significant ; Taken together the weighting in Private Markets and Hedge Fund Strategies make up … Internalising asset management at OPTrust. OPTrust allocates more into Private Equity (12.9%) than Public Equity (11.3%) There is a significant allocation to "market neutral and multi-asset strategies" (20%) The weightings in Real Estate (14.3%) and Infrastructure (11.1%) are also significant ACC New Zealand has appointed David Iverson as Head of Dynamic Asset Allocation for its NZ$46 billion portfolio. Real Estate Valuation. Canada’s pension funds have led the world with their approach to investing and asset allocation. Wealth Planning. OPTrust Labs will oversee the testing of new software. The project marks another important step for OPTrust’s Climate Change Action Plan to ensure the portfolio remains resilient and agile in meeting the challenges of climate change. HOOPP has younger workers than OPtrust, and then there are the other plans for public sector workers in Ontario (not that you asked about them): OMERS, Teachers, and the Ontario Pension Board. Economic Scenario Generator. Goal Based Planning. Successful completion of the climate-savvy Asset Liability Management/Strategic Asset Allocation (ALM/SAA) pilot project . Organisational Design OPTrust’s safe space for innovation . Initially, equity risk made up about 80 per cent of the overall risk in the fund. Allocation to Private Equity. Internalising our capital market capabilities is a natural evolution for OPTrust, given our success with the fund’s private-markets and real-estate portfolios, which are largely managed internally. Responsible for developing the policy asset mix. Developed investment programs for long-term equities, LDI, emerging markets and natural resources. Yet, in contrast to the recent efforts of some of the Australian superannuation funds, which focussed on equities, OPTrust started … Housing Associations. OPSEU Pension Trust (OPTrust) is a Public Pension located in Toronto, ON Canada, North America, and was founded in 1994. Quantitative researches on dynamic asset allocation and portfolio construction Senior Analyst, Market Risk BMO Capital Markets Money for investment will be unlocked if a software pilot transitions to a fully deployed contract. Climate & ESG Solutions. Initially, equity risk made up about 80 per cent of the overall risk in the fund. The OPTrust’s focus on innovation allowed it to beat stiff international competition to take home an award for innovation in institutional investments at the 2019 volatility and risk premia awards. OPTrust. Jean-Michel pointed out that for an investor like CDPQ, which manages funds for over 40 depositors, asset allocation is becoming more complex, given the sheer variety of each one’s objectives and policies. Current Assets for OPTrust is $21,637,200,000 and SWFI has 15 periods of historical assets, 3 subsidiaries, 17 transactions, 4 Opportunities/RFPs, 50 personal … Join now to see all activity View Kevin’s full profile See who you know in common Get introduced Contact Kevin directly Join to view full profile People also viewed Kate Zhao, CFA. The kind of assets we own and the emphasis we place on each asset group are the biggest drivers of Ontario Teachers' long-term investment performance. We show how one can use deep neural networks with macro-economic data in conjunction with price-volume data in a walk-forward setting to do tactical asset allocation. “OPTrust … … Oversaw the integration of a responsible investing framework within the various investment departments. Performance Measurement and Attribution. Managing assets in-house is an important part of executing OPTrust’s member-driven strategy, Davis says, and the fund has been managing a significant portion of its assets in-house for the greater part of a decade. OPTrust recently announced its plans to bring trading in-house. OPTrust doesn't publicly break out its investment allocations by asset class, but Mr. O'Reilly said the infrastructure portfolio was up to its full allocation last year. Iverson will join the ACC in… Liked by Kevin Zhu, CFA. Identified and proposed strategies for managing medium-term risk. Previously, Doug worked for 15 years at OPTrust, where his responsibilities included developing strategic asset allocation models, researching risk factors, completing internal and external investment strategy evaluations, implementing performance and ALM systems, and developing a set of quantitative tools to inform investment decisions. Date Written: October 19, 2018. The team is headed by a new hire, Alison Loat, who joined the OPTrust as a managing director from FCLTGlobal. It thinks data is its own asset class. Asset Management . The member-driven investing strategy changed the plan’s asset allocation. Abstract. Asset allocation. As part of the new strategy, the OPTrust also diversified by looking at different strategies in alternatives. Today, that’s dropped to below 50 per cent. OPTrust Select is also advantageous to the OPSEU Pension Plan and members of the main schedule of benefits – allocation of risk and operational costs over a broader membership base creates greater sustainability for all over the long term. Implemented a framework for assessing EM country risk. Industries. Today, that’s dropped to below 50 per cent. Last year we saw the OPSEU Pension Trust (OPTrust) open an office in Sydney and OTPP now has an office in Hong Kong; CPPIB is reported to be opening offices in New York and Sao Paolo. Asset Liability Management. Why the move? DIF Capital Partners (via its DIF Infrastructure VI fund) and Axium Infrastructure have joined forces with Macquarie Capital, OPTrust, and Kineticor Resource Corporation to financially back the construction of the Cascade Power Project Limited Partnership. OPTrust Labs will allow the Canadian pension fund’s research and development unit to take risks and fail so it can nurture new ideas and technology. Participated on … OPTrust today released the results of its climate-savvy asset liability management/strategic asset allocation (ALM/SAA) project in partnership with Ortec Finance. ABOUT OPTRUST SELECT. OPTrust’s Ross also believes the geopolitical climate could lead to higher inflation. Huge stimulus to counter COVID and reduced capacity due to lingering COVID issues or global trade friction, mixed with populism-fuelled higher labour and wages, has all the ingredients for stagflation. 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