Ontario Teachers’ Pension Plan earns 11.8% return for 2014
Ontario Teachers’ Pension Plan (Teachers’) today announced a rate of return on investments of 11.8% for the year ended December 31, 2014, resulting in an increase in net assets to a record $154.5 billion from $140.8 billion at the end of 2013. Investment earnings for the year were $16.3 billion, up from $13.7 billion in 2013. Measured against a consolidated investment benchmark of 10.1%, the plan’s excess return of 1.7 percentage points resulted in $2.4 billion in value added. Since the plan’s inception in 1990, total investment income has [...]