Having secured a dealing licence in Hong Kong last year, Canada's biggest pension fund is considering locating traders in Asia. It has also added an equity investment head in India.
The $72 billion pension fund has made its first infrastructure investment in India as it builds its emerging markets exposure, reflecting similar demand among other international institutions.
The Healthcare of Ontario Pension Plan aims to add illiquid assets in Asia. CIO Jeff Wendling explains how – and why the fund likes to work with local GPs in the region.
The Healthcare of Ontario Pension Plan will deploy more money in Asia, chiefly via passive and private equity strategies, said Jeff Wendling, CIO of the C$78 billion fund.
Some of Canada’s biggest retirement funds are taking risk off the table and moving more cautiously in their efforts to expand their Asia-Pacific portfolios.
Canada’s biggest pension fund is set to further boost the share of investments it makes directly and is becoming more proactive in its use of private equity firms.