Institutional Investors Mergers & Acquisitions / Joint Ventures

Ontario Teachers set to expand managed account portfolio

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The $91 billion Ontario Teachers' Pension Plan saw the size of its hedge fund portfolio dip between 2008 and 2009, but it is expected to expand its successful managed account programme in the near future.

Much of the managed account focus has been in the area of long/short investing and now officials are considering adding other strategies in the separate account structure. This is part of a large movement among institutional investors into managed account structures for a variety of reasons, including greater transparency and control over the underlying hedge fund holdings. An increasing number of institutions are relying