Capital Markets

The External Managers Group (XMG) is responsible for investing in a global portfolio of external managers that provide differentiated capabilities across asset classes, geographies, and investment strategies.

Partnering with best-in-class external managers

We invest in leading external managers to support the Fund’s investment strategy.  Our team of highly experienced professionals follow a rigorous and disciplined selection criteria which places strong emphasis on the manager’s track record, investment process, firm culture, and key alignment across our core values. We view external managers as strategic partners and look to build mutually beneficial relationships over a long-term horizon.

The External Managers Group aims to enhance our capabilities across Global Equity, Hedge Funds and Insurance-Linked Securities.

Global Equity Managers

We invest in a carefully curated program of active global public equity managers with a focus on regional and thematic exposures. We look for managers who are stock picking experts with differentiated investment philosophies, and manage concentrated portfolios that are distinct from the benchmark.

Hedge Funds

We are responsible for overseeing a portfolio of established, best-in-class hedge fund managers with a focus on liquid, absolute return investment strategies These investments are intended to be complimentary to the fund’s other internal investment activities with an emphasis on strategies that are broadly uncorrelated to traditional asset classes, including traditional hedge fund and insurance linked securities strategies. Our global portfolio is concentrated in high conviction managers that offer unique core competencies across the capital markets spectrum.

The Quantitative Strategy & Research team is an innovation-driven group within Capital Markets at Ontario Teachers’ Pension Plan. They manage a broad and diversified portfolio, built using quantitative models.

What we offer

We are Quantitative Strategies and Research (QSR), an innovation-driven team within Capital Markets, focused on managing fully systematic portfolios that align with the growth objectives of the Fund.

We manage a broad and diversified portfolio that provides absolute return strategies. Our multi-billion-dollar portfolios span across multiple asset classes in public markets including equities, fixed income, foreign exchange and commodities.

Leveraging cutting-edge technology and proprietary algorithms, we develop fully systematic strategies that are rigorously tested and optimized to deliver consistent risk-adjusted returns. Collaboration and innovation are at the heart of our approach, allowing us to swiftly adapt to changing market conditions while leveraging the latest advancements in technology to stay competitive.

Our diverse team brings together a rich array of skillsets and expertise. Some members focus on research and portfolio management, while others specialize in data science and technology. Coming from varied educational backgrounds, we are united by a passion for understanding and decoding market drivers. Through the application of mathematical models, statistical techniques, portfolio theory, machine learning, and natural language processing, we operate like an internal quant fund, with collaboration that extends more broadly across Capital Markets and the organization.

We are the Developed Markets Fixed Income & Currencies team within the Capital Markets department, specializing in discretionary investing across G10 economies. Our mission is to generate returns that are decoupled from broad market indices through a diversified portfolio of fixed income and foreign exchange products. We use a combination of top-down and bottom-up strategies across fixed income and foreign exchange in developed markets.

As a group of seasoned investors, we manage a dynamic, globally focused internal portfolio that spans a wide range of asset classes and product types. We employ a blend of discretionary and semi-systematic strategies, allowing us to navigate and capitalize on market opportunities, irrespective of economic conditions. Additionally, we provide the Total Fund with ongoing market insights and strategic guidance on fixed income assets.

Our team is defined by our deep expertise, diverse skill sets, and relentless drive to innovate and adapt within an ever-evolving investment landscape.

The Fundamental Equities team is a bottom-up research-driven group within Capital Markets at Ontario Teachers’ Pension Plan. The team manages a concentrated portfolio of global public market equities using a sector specialist approach. 

What We Offer

The Fundamental Equities team invests in a concentrated portfolio of global public market equities.

The team uses a fundamental approach – with a focus on capturing idiosyncratic return opportunities using bottom-up research. The research team has breadth and depth across sectors, allowing them to identify alpha opportunities across the more than 200 companies under active coverage.

The portfolio construction team works on implementing the portfolio, ensuring it is taking the appropriate intended risks by managing sector, factor, and unintended company exposures.

The Fundamental Equities team opportunistically reviews illiquid public market situations (Blocks, PIPEs, etc) where it aligns with bottom-up views.