Can Temasek Holdings Outperform Any Major Canadian Pension Investor?

Posted on 01/06/2021


Increasingly, both U.S. pensions and some sovereign wealth funds compare themselves to Canada public pensions in a variety of factors such as internal costs, returns, assets, asset allocation, employee compensation, diversification, and others.

Annual Returns

Institutional Investor Assets – Bil. USD Reporting FY15 FY16 FY17 FY18 FY19 FY 20 CAGR
CDPQ 300.45 Dec/31 9.1% 7.6% 9.3% 4.2% 10.4%   8.1%
OTPP 199.84 Dec/31 13.0% 4.2% 9.7% 2.5% 10.4%   7.9%
HOOPP 138.38 Dec/31 5.1% 10.4% 10.9% 2.2% 17.1%   9.0%
OMERS 93.75 Dec/31 6.7% 10.3% 11.5% 2.3% 11.9%   8.5%
AIMCo 90.88 Dec/31 9.1% 5.8% 9.3% 2.3% 10.6%   7.4%
OPTrust 21.64 Dec/31 8.0% 6.0% 9.5% 1.0% 11.2%   7.1%
CPP Investments 419.58 Mar/31 18.3% 3.4% 11.8% 11.6% 9.0% 3.1% 9.4%
PSP Investments 147.07 Mar/31 14.5% 1.0% 12.8% 9.8% 7.1% -0.6% 7.3%
BCI 128.30 Mar/31 14.2% -0.2% 12.4% 9.0% 6.1% 3.0% 7.3%
Temasek 417.35 Mar/31 19.2% -9.0% 13.4% 12.2% 1.5% -2.3% 5.4%

Source: SWFI Global Asset Owner Terminal – www.swfi.com.

Pension and Sovereign Wealth Fund Abbreviations
Caisse de depot et placement du Quebec – CDPQ
Ontario Municipal Employees Retirement System – OMERS
Canada Pension Plan Investment Board – CPP Investments
British Columbia Investment Management Corporation – BCI
Alberta Investment Management Corporation – AIMCo
Healthcare of Ontario Pension Plan – HOOPP
Ontario Teachers Pension Plan – OTPP
Temasek Holdings (Singapore) – Temasek

Get News, People, and Transactions, Delivered to Your Inbox