Our investment strategy balances risk, plan assets and liabilities, with a long-term focus on generating returns to fund both current and future pensions. We integrate a bottom-up approach to asset selection with a top-down direction on portfolio construction and risk management.
We have an independent, professional and sophisticated board with extensive industry experience, guided by a single mandate and supported by delegated authority.
Reinforced by our fully funded status and extended duration.
Backed by a proven track record of success, in-house expertise, and a position as a sought-after investment partner and employer.
Built on decades of pioneering investing, expertise and data-driven insight.
Supported by strong capabilities to execute on diverse investment strategies, reinforced by dynamic and top-down asset allocation.
Built on cross-portfolio insights and liquidity that maximize long-term, risk-adjusted returns while improving flexibility, governance and capital efficiency.
In a word, we're global. We use the full range of our international capabilities to bear in the investment decisions we make.
We look at the total fund and share capital across asset groups and portfolios to optimize returns.
We take a long-term view by combining our expertise in bottom-up asset management with a top-down approach to risk and portfolio construction.
We continually advance our risk culture with sophisticated tools and processes that support risk measurement and management.
We believe that total fund diversification – by asset class, geography, style, time horizons and economic outcomes – can mitigate risk and enhance returns over time.
Taking risk is central to earning the returns to keep our pension fully funded. We prudently and actively manage risk to ensure a healthy balance of risk and reward.
We engage in active management to capture opportunity where our research, partnerships, operational experience and local presence gives us an edge.
We prudently use leverage to help achieve consistent returns for our members and manage our overall risk profile and liquidity.