Jim Lampard

OTPPB is an active, global investor which seeks to achieve superior returns and manage related risks to ensure the long-term sustainability of the pension plan. With board oversight, the plan's management manages both the policy and asset mix together under their expanded OneTeachers' total-fund strategy. They invest strategically across key markets and sectors to deliver steady returns.

AC’s investment strategies cover a diverse range of assets in public and private markets, ensuring solid returns that help fund OMERS pensions. The firm’s public investments include fixed income securities, inflation-linked bonds, government bonds and credit, along with public equities. Their private investments, through holdings in infrastructure, private equity and real estate are selected specifically for their ability to provide more predictable returns and cash flows compared to assets that may be exposed to greater market volatility. AC’s investment teams are organized in 3 strategic investment platforms: OMERS Capital Markets, OMERS Private Markets, and OMERS Real Estate & Strategic Investments.

LIM's investment approach is based on the principles of value investing. They screen a broad universe of stocks in a search for cases of undervaluation. The broader economic, capital market and sector factors at work receive less weight in the firm's analysis than company-specific information. However, security analysts in the firm conduct their company-specific work based on consistent expectations regarding the larger economic environment. Decisions are based on thorough assessments of corporations and their managements in order to find securities selling at substantial discounts compared to their fair value. Original, in-depth, internally generated research is a cornerstone of their investment process. This disciplined method minimizes the influence of human emotions in the valuation process. Their sell discipline reflects a stock price reaching its calculated fair value, deteriorating fundamentals or the identification of a more attractive opportunity in the confines of a target asset mix policy. Each portfolio manager is responsible for researching companies within his areas of responsibility, making buy/sell decisions and executing transactions within policy guidelines. Portfolio managers are assigned sector responsibilities on a global basis. The focus of investment activity is on Canadian and U.S. equity markets. However, non-North American investments may be made by exception. LIM's fixed-income process begins with an economic overview. The key investment decision is duration. The decision reflects their long-term view of inflationary trends relative to the current level of interest rates and the shape of the yield curve. They believe that 'real interest rates' should be calculated using long-term inflationary expectations rather than the current rate of inflation. Exposure to credit risk through corporate, provincial and municipal government issues is a reflection of risk-reward analysis and detailed credit analysis. While rating agency reports are reviewed, they are not relied on. Internal analysis by the fixed income team, with support from the equity team as required, is the basis of security selection. In searching for the best value opportunities, LIM considers domestic and foreign markets. They are a domestic fixed-income manager but there are times when the Canadian market, or sectors within this market, are relatively over-priced, leading to the establishment of positions in foreign markets. Foreign exchange risk may be accepted, although the preference is to eliminate this risk through hedging.

Beutel Goodman aims to deliver superior risk-adjusted portfolio performance to their clients over the long-term. They pursue this through the ownership of debt and equity positions in high-quality companies. The firm employs a fundamental bottom-up value investment philosophy, which is grounded in a highly disciplined proprietary research process, with a focus on capital preservation, absolute risk reduction and downside protection in declining markets.

Functions as a College/University

Morguard Lincluden Global Investments employs traditional, value-based investment principles across a range of equity, fixed income and balanced portfolios. Their valuation and portfolio structuring process incorporates a top-down approach to determine asset mix, and a bottom-up process to individual security selection.