By

Launched last June, OPTrust’s in-house trading floor has made its 1,000th trade. The plan is to eventually internalize public market asset management of about 40 to 50 per cent of the plan’s assets.
The trading floor is part of the fund’s member-driven investing strategy, designed to enhance pension certainty, sustainability and stability, reports the fund.
“The 1,000th trade serves as a measurable achievement to the success of OPTrust’s member-driven investing strategy,” Hugh O’Reilly, OPTrust President and CEO, is quoted saying.
“The reporting and reconciliation aspects of in-house trading are working smoothly, as expected.  This trading activity represents our efforts to increase our understanding of, and response times to, volatile markets as we pay our members pensions.”
For more, click here. For an ARIA interview with James Davis, the fund’s Chief Investment Officer, click here.

ARIA provides a forum for an informed discussion on retirement income adequacy, and other related issues, including pension and retirement coverage, and defined benefit pension plans – ARIA pensions blog, 12 Dunlop Street, Barrie, ON, L4N 1V6 – sitemanager@ariapensions.ca

About the Author

Hi. I am an experienced writer, editor, blogger and communications strategist, providing online and print content solutions