Investments
Investing at OPTrust
Delivering pension security for our members
With $25 billion in net assets, OPTrust manages one of Canada’s largest pension funds.
Our goal is to increase the likelihood of remaining fully funded over the long term by maximizing returns at an acceptable level of risk.
We do this by:
Balancing risk and return: We manage our funding risks by partially hedging our liabilities, earning diversified returns, and adding value in asset classes where we have a competitive advantage.
All-weather portfolio construction: We strive to construct a resilient portfolio to weather different economic and market environments to deliver strong risk-adjusted returns over the long term.
Integrating climate and other ESG considerations: We remain focused on long-term sustainability, including climate change and other environmental, social and governance (ESG)-related risks and opportunities.
Expertise across markets: Our investment team, based in Toronto, London and Sydney, brings deep expertise and local insights to drive value and capitalize on global opportunities.
in net assets
fully funded
10-year average Total Portfolio return (2014-23)
Adding value, mitigating risk
Over 70 per cent of our retirement benefits come from investment returns, highlighting the significant role of our Member-Driven Investing (MDI) strategy in delivering pension security.
Learn more about how we investFocus on the long term
Explore our achievements and see how we’ve remained fully funded for 15 consecutive years.
Learn more about our performanceTotal Portfolio performance
The Total Portfolio return is net of management fees, transaction costs and investment administration expenses.
Stay informed: Discover our policies and publications
Asset owner’s toolkit for advancing inclusion, diversity and equity in investment portfolios
This toolkit provides a starting point for investment professionals looking to advance IDE in their portfolios with simple first steps they can build on and adapt as they see fit.
Learn more
Building a resilient portfolio for the long term: Our climate change strategy in action
OPTrust recognizes that our portfolio must be resilient in the face of the growing impacts of climate change. This report provides an update on the implementation of our climate change strategy.
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Preparing our portfolio for the future: Integrating climate scenarios into asset-liability management
OPTrust has tracked the evolution of climate scenario analysis over several years. Our peer plans often ask us to share our approach and learning. This paper is drafted in that spirit.
Learn moreToronto
James Davis
Chief Investment Officer
Michael Bonazza
Senior Managing Director, Office of the CIO
Matthew Zhao
Managing Director, Office of the CIO
Alison Loat
Senior Managing Director, Sustainable Investing and Innovation
David Ross
Senior Managing Director, Total Portfolio Management
Jacky Chen
Managing Director, Completion Portfolio Strategies, Total Portfolio Management
Adriana Llano
Head and Managing Director, Funding, Liquidity and Trading, Total Portfolio Management
Romain Rouillon
Managing Director, Completion Portfolio Strategies, Total Portfolio Management
Zarqaa Shaikh
Managing Director, Completion Portfolio Strategies, Total Portfolio Management
Robert Douglas
Senior Managing Director, Real Estate Group
Andy Alcock
Managing Director, Real Estate Group
Mark Klym
Managing Director, Real Estate Group
Sandra Bosela
Co-Group Head, Senior Managing Director and Global Head of Private Equity, Private Markets Group
Gavin Ingram
Co-Head, Senior Managing Director and Global Head of Infrastructure, Private Markets Group
Simon Moody
Managing Director, Private Markets Group
