Around the world with Teachers'

May 13, 2014

We're always asking: Where do we need to be next to get the best investment opportunities and results over the next decade?

Jump aboard for a quick trip on the Teachers' Pension Plan Express. Each stop has an investment connection to your pension fund.

The Facts: North America

  • $40+ billion in federal, provincial and corporate bonds
  • Ownership in TMX Group, which runs the Toronto Stock Exchange
  • Hudson's Bay Company, which bought Saks last year
  • BluEarth Renewables, a Calgary developer of renewable energy projects
  • Luxury goods maker Michael Kors

Investing in a Montreal renaissance

Cadillac Fairview, our wholly-owned real estate company, plans to invest $2 billion in a 15-year project that will transform Montreal's downtown core.

Known as Quad Windsor, the modern collection of new office and residential towers will dress up the skyline on Saint-Antoine and Peel streets. The project also features retail shops, improved connections to nearby districts and a large urban park.

The Facts: South America

  • Chilean water utilities ESSBIO and Esval
  • Grupo BTG Pactual, a Brazilian investment bank and asset manager

Investing in Brazilian real estate

  • Multiplan Empreendimentos Imobiliarios S.A. is the largest shopping mall company in Brazil and also develops residential and commercial real estate.
  • Multiplan was our largest public company holding at the end of 2013, with a value of $1.2 billion.

The Facts: Asia-Pacific

  • Sydney Desalination Plant
  • New Zealand timberland
  • Kyobo, the largest life insurance company in Korea
  • Samsung Electronics

Investing in Chinese ecommerce

We own a stake in JD.com, which operates China's second-largest ecommerce company. It's a bit like Amazon and FedEx – combined.

JD.com sells electronics, books, small appliances, sporting goods and other items online, and has built warehouses and logistics infrastructure across China to deliver those products to customers within a day or two.

The Facts: Europe and Africa

  • ISS World, a facility services company based in Denmark
  • Upscale clothing designers Helly Hansen and HUGO BOSS
  • Brussels Airport in Belgium and Copenhagen airport in Denmark
  • Bristol and Birmingham airports in Britain
  • South African financial services company Alexander Forbes

Investing in rail travel

We are a co-owner of HS1 Ltd, which operates and maintains the 109-km high-speed railway between London and the Channel Tunnel.

HS1 Ltd owns the stations along the route, including the restored Victorian-era St Pancras International, one of London's great transportation hubs.

Teachers' Fund: Fast facts (as of Dec. 31, 2013)

  • $140.8 billion in net assets
  • $13.7 billion in investment earnings
  • 10.9% rate of return