‘Some of our companies won’t make it’: Canada’s pension funds prepare for a post-coronavirus world [Financial Post (Toronto, Ontario, Canada)]
GFL Environmental Inc. Subordinate voting shares, no par value (GFL)
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Source: Financial Post
'Some of our companies won't make it': Canada's pension funds prepare for a post-coronavirus world Funds are weighing everything from what it'll look like when people go back to work to how different companies in portfolios will fare Ontario Municipal Employment Retirement System has put a team in place to analyze what the world will look like in the post-pandemic era. The $109-billion (US$77 billion) pension fund is weighing everything from what it’ll look like when people go back to work to how different companies in its portfolio will fare, Blake Hutcheson said in a Canadian Club of Toronto virtual roundtable. “Sadly, some of our companies won’t make it, it’s just a fact,” said Hutcheson, who takes over as chief executive officer from Michael Latimer in June. “Some of our private equity investments won’t make it, in real estate, some will take months to come back, some will take years.” Infrastructure tends to be the most resilient in times like this, he said, as governments tend t
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- 11/6/24 - Beat
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- 11/12/24 - Form SC
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