The gain on Teachers’ bonds helped offset real estate losses – BNN
The Ontario Teachers’ Pension Plan said the gains in its bond portfolio helped offset losses in infrastructure and real estate, allowing the fund to nearly break even in the past. first semester.
The $ 205 billion (US $ 155 billion) pension fund lost 0.4% in the six months of June despite a market correction and economic upheaval caused by the COVID-19 pandemic.
“Some of our hardest hit…
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