The member-driven investing strategy changed the plan’s asset allocation. Economic Scenario Generator. OPB’s strategic asset allocation provides for a further shift away from public markets to private markets investments. As with many pension funds that have adopted the Canadian Model, private equity is an important part of OPTrust’s portfolio. Ensuring diversity among our investments is an essential part of risk management and underlines the importance of our asset-mix policy. Participated on … Internalising asset management at OPTrust. It will also have the mandate of developing and executing a new capital allocation function. Money for investment will be unlocked if a software pilot transitions to a fully deployed contract. Banks Retail & Private. As part of the new strategy, the OPTrust also diversified by looking at different strategies in alternatives. OPTrust’s Ross also believes the geopolitical climate could lead to higher inflation. OPTrust's Private Markets Group has only used up a tiny portion of its allocation to private equity. “OPTrust … Assistant Portfolio Manager, Global Opportunities, Tactical Asset Allocation Ontario Teachers' Pension Plan Feb 2007 - Dec 2008 1 year 11 months. Huge stimulus to counter COVID and reduced capacity due to lingering COVID issues or global trade friction, mixed with populism-fuelled higher labour and wages, has all the ingredients for stagflation. … ABOUT OPTRUST SELECT. Today, that’s dropped to below 50 per cent. Successful completion of the climate-savvy Asset Liability Management/Strategic Asset Allocation (ALM/SAA) pilot project . Iverson will join the ACC in… Liked by Kevin Zhu, CFA. Asset Liability Management. OPTrust Labs will allow the Canadian pension fund’s research and development unit to take risks and fail so it can nurture new ideas and technology. OPTrust allocates more into Private Equity (12.9%) than Public Equity (11.3%) There is a significant allocation to "market neutral and multi-asset strategies" (20%) The weightings in Real Estate (14.3%) and Infrastructure (11.1%) are also significant Yaelle Gang of the Canadian Investment Review reports, Data is an asset class, says OPTrust CIO: It’s been almost a year since the OPSEU Pension Trust co-launched an investment platform, EdgeCore Internet Real Estate, which builds, owns and operates North American data centres. Date Written: October 19, 2018. With board oversight, the plan's management manages both the policy and asset mix together under our … Quantitative researches on dynamic asset allocation and portfolio construction Senior Analyst, Market Risk BMO Capital Markets We show how one can use deep neural networks with macro-economic data in conjunction with price-volume data in a walk-forward setting to do tactical asset allocation. Performance Measurement and Attribution. OPTrust Labs will oversee the testing of new software. As part of the new strategy, the OPTrust also diversified by looking at different strategies in alternatives. Join now to see all activity View Kevin’s full profile See who you know in common Get introduced Contact Kevin directly Join to view full profile People also viewed Kate Zhao, CFA. The OPSEU Pension Trust is making an additional purchase of $100 million in Ontario government green bonds, bringing its allocation in the asset to … Asset allocation. Goal Based Planning. Oversaw the integration of a responsible investing framework within the various investment departments. OPTrust doesn't publicly break out its investment allocations by asset class, but Mr. O'Reilly said the infrastructure portfolio was up to its full allocation last year. Wealth Planning. It thinks data is its own asset class. Managing assets in-house is an important part of executing OPTrust’s member-driven strategy, Davis says, and the fund has been managing a significant portion of its assets in-house for the greater part of a decade. The member-driven investing strategy changed the plan’s asset allocation. Implemented a framework for assessing EM country risk. Developed investment programs for long-term equities, LDI, emerging markets and natural resources. The team is headed by a new hire, Alison Loat, who joined the OPTrust as a managing director from FCLTGlobal. Strategic Risk Management. James Davis February 25, 2019. Asset Management . DIF Capital Partners (via its DIF Infrastructure VI fund) and Axium Infrastructure have joined forces with Macquarie Capital, OPTrust, and Kineticor Resource Corporation to financially back the construction of the Cascade Power Project Limited Partnership. Climate & ESG Solutions. OPTrust. Canada’s OPTrust cites this reality as the rationale behind the EdgeCore partnership. OPTrust Select is also advantageous to the OPSEU Pension Plan and members of the main schedule of benefits – allocation of risk and operational costs over a broader membership base creates greater sustainability for all over the long term. ACC New Zealand has appointed David Iverson as Head of Dynamic Asset Allocation for its NZ$46 billion portfolio. Retirement Planning. Current Assets for OPTrust is $21,637,200,000 and SWFI has 15 periods of historical assets, 3 subsidiaries, 17 transactions, 4 Opportunities/RFPs, 50 personal … OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets through joint trusteeship. Previously, Doug worked for 15 years at OPTrust, where his responsibilities included developing strategic asset allocation models, researching risk factors, completing internal and external investment strategy evaluations, implementing performance and ALM systems, and developing a set of quantitative tools to inform investment decisions. Allocation to Private Equity. Canada’s pension funds have led the world with their approach to investing and asset allocation. Last year we saw the OPSEU Pension Trust (OPTrust) open an office in Sydney and OTPP now has an office in Hong Kong; CPPIB is reported to be opening offices in New York and Sao Paolo. The Cascade Power Project is a 900-megawatt combined-cycle natural gas-fired […] Initially, equity risk made up about 80 per cent of the overall risk in the fund. OPTrust recently announced its plans to bring trading in-house. Today, that’s dropped to below 50 per cent. Initially, equity risk made up about 80 per cent of the overall risk in the fund. OPTrust today released the results of its climate-savvy asset liability management/strategic asset allocation (ALM/SAA) project in partnership with Ortec Finance. Internalising our capital market capabilities is a natural evolution for OPTrust, given our success with the fund’s private-markets and real-estate portfolios, which are largely managed internally. OPTrust manages roughly $22 billion and and roughly $2.9 billion (13%) is invested in Private Equity and the allocation will go up to 15% over the long run, so it's an important asset class in terms of providing stable and attractive yields. Real Estate Valuation. Yet, in contrast to the recent efforts of some of the Australian superannuation funds, which focussed on equities, OPTrust started … Jean-Michel pointed out that for an investor like CDPQ, which manages funds for over 40 depositors, asset allocation is becoming more complex, given the sheer variety of each one’s objectives and policies. Real Estate Management. Organisational Design OPTrust’s safe space for innovation . Responsible for developing the policy asset mix. Why the move? Asset Allocation. Independent Financial Advisors. Industries. Housing Associations. The OPTrust’s focus on innovation allowed it to beat stiff international competition to take home an award for innovation in institutional investments at the 2019 volatility and risk premia awards. Five plans for public sector workers in the same province, each with their own asset allocation… O’Reilly expects failures and aims to share OPTrust’s experience publicly via documents and case studies. The financing for the project is worth C$ 1.5 billion. The kind of assets we own and the emphasis we place on each asset group are the biggest drivers of Ontario Teachers' long-term investment performance. OPTrust has been fully funded for the past 11 years and continues to be fully funded, with “an abundance of liquidity.” Resilience From a macro perspective Davis believes there is a paradigm shift underway and the response from governments and central banks dealing with the challenges of the crisis is a game changer. HOOPP has younger workers than OPtrust, and then there are the other plans for public sector workers in Ontario (not that you asked about them): OMERS, Teachers, and the Ontario Pension Board. Abstract. 18 December 2018. The project marks another important step for OPTrust’s Climate Change Action Plan to ensure the portfolio remains resilient and agile in meeting the challenges of climate change. 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