OPB grows assets to $24.4 bln in 2016, shifts to private markets
Ontario Pension Board (OPB) reported an annual investment return of 8.1 percent in 2016. This provided the pension fund manager with net investment income of $1.75 billion and net assets of $24.4 billion at year's end. OPB, which administers Ontario's Public Service Pension Plan, said it continued to shift assets from public to private markets in 2016, increasing its gross exposure by about $831.6 million. The private equity portfolio saw the largest increase: 68.5 percent.
21 March 2017•2 mins read
