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OPTrust Fully Funded

In 2021, OPTrust achieved a net investment return of 15.3 per cent and lowered its discount rate. Over the past 10 years, the plan’s average net investment return is 8.9 per cent, says its?2021 funded status report. ‘Moving Forward’ details its financial results and fully funded status. Last year, it recognized two significant growth milestones – surpassing 100,000 members and welcoming the 50th new employer to OPTrust Select. Additional highlights include the appointment of its first inclusion, diversity, and equity leader to develop and implement a three-year strategy; establishing more integrated and measurable approaches to responsible investing across its investment portfolio; and delivering over $1 billion in pension benefits to members across hundreds of Ontario communities.

Private Market Allocations Accelerate

Alternatives such as real estate and private equity may have seen a substantial rise in asset allocations in the last two decades, but private market allocations are accelerating, especially among cash-heavy investors, says Northern Trust. The increased market share of alternative asset classes and the rise and complexity of digital assets is a megatrend the firm has identified. “Cash is a terrible thing to hold, especially in an inflationary environment,” says Gary Paulin, Northern Trust’s head of global strategic solutions. “Every investment manager and asset owner is looking further up the risk and liquidity spectrum to get the profile that they need. That’s taking them into alternative assets.” The report highlights increased use of technology to help asset allocators understand the performance of private assets. Meanwhile, the growing importance of digital assets means that those managers that are not prepared may fall behind.

For details on these stories, visit www.bpmmagazine.com

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