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.
Neither Ontario Teachers nor the Healthcare of Ontario Pension Plan own property in Asia, but that could change as they eye new asset classes in the region.