HOOPP’s assets hit $78 bln with 10.9 pct return in 2017
Healthcare of Ontario Pension Plan (HOOPP) reported an investment rate of return of 10.88 percent last year, which exceeded its portfolio benchmark by 2.99 percent. The pension fund's 10-year annualized return is 9.55 percent, while its 20-year annualized return is 9.01 percent. Investment income, which reached $7.6 billion at the end of 2017, helped push HOOPP's net assets to $77.8 billion. Strong performance was shown by most asset classes, HOOPP reported, including private equity, which returned 19.6 percent on a currency-hedged basis.
8 March 2018•3 mins read
