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CAAT Pension Plan brings on 55 more employers in first half of year

CAAT Pension Plan brings on 55 more employers in first half of year
pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.

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CAAT pension plan scores 11.1% gain in 2020


CAAT pension plan scores 11.1% gain in 2020
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Colleges of Applied Arts and Technology Pension Plan, Toronto, returned a net 11.1% in the year ended Dec. 31, the $C15.8 billion ($12.4 billion) pension plan announced in its annual report released Wednesday.
The one-year net return exceeded its 10.7% policy benchmark return. In the five and 10 years ended Dec. 31, the pension fund returned an annualized net 10.2% and 9.9%, respectively, above the respective benchmarks of 8.8% and 8.5%.
In the year ended Dec. 31, 2019, the pension fund returned a net 16%, equal to its policy benchmark.
By asset class, emerging markets equities had the highest return for the year ended Dec. 31, with a net return of 19.7% (above its 16.2% benchmark), followed by private equity at a net return of 17.6% (above its benchmark of 17.2%). ....

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CAAT Pension Plan Names Asif Haque CIO | Chief Investment Officer


CAAT Pension Plan Names Asif Haque CIO
Julie Cays, current CIO of the C$13.5 billion pension plan, will retire at the end of April.
Asif Haque
The C$13.5 billion (US$10.8 billion) Colleges of Applied Arts and Technology (CAAT) Pension Plan has named Asif Haque as its new CIO as of May 1. He will succeed Julie Cays, who plans to retire at the end of April.  
Asif, who is the pension fund’s managing director of public markets, joined CAAT in 2010 and has been responsible for its C$11 billion public markets portfolio. The plan says Asif’s team has outperformed market benchmarks over the long-term thanks to effective external manager selection and strategic internal structuring decisions. ....

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