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Teachers'
The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined benefit pension plan, defined-benefit pensions for school teachers of the provinces and territories of Canada, Canadian province of Ontario. Ontario Teachers' also invests the plan's pension fund and it is one of the world's largest institutional investors, acting as a partner organization of the World Economic Forum. The plan is a multi-employer pension plan, jointly sponsored by the Government of Ontario and the Ontario Teachers' Federation. Ontario Teachers' achieved a 11.1% one-year total-fund net return in 2021 and achieved its ninth consecutive fully funded year. History Ontario Teachers' was established on January 1, 1990. Until then, Ontario teachers' pensions had been sponsored solely by the Ontario government. Assets of the plan had been invested in government bonds only. Currently, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario Teachers' Federation
The Ontario Teachers' Federation (OTF; french: Fédération des enseignantes et des enseignants de l’Ontario, FEO) is the professional body representing over 160,000 teachers in Ontario's publicly funded schools. It operates the Ontario Teachers' Pension Plan (OTTP), which in 2021, was Canada's largest single-profession pension plan, with around $200 billion in managed assets. OTF was established by the Teaching Profession Act of 1944. The four Ontario teacher federations are OTF affiliates: the Association des enseignantes et des enseignants franco-ontariens (AEFO), the Elementary Teachers' Federation of Ontario (ETFO); the Ontario English Catholic Teachers' Association (OECTA); and the Ontario Secondary School Teachers' Federation (OSSTF). All teachers in Ontario's publicly funded schools belong to one of the affiliates and to OTF. History OTF was established by the Teaching Profession Act of 1944. In 1997, the organization saw thousands of teachers and supporters on the fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bristol Airport
Bristol Airport , at Lulsgate Bottom, on the northern slopes of the Mendip Hills, in North Somerset, is the commercial airport serving the city of Bristol, England, and the surrounding area. It is southwest of Bristol city centre. Built on the site of a former RAF airfield, it opened in 1957 as Bristol (Lulsgate) Airport, replacing Bristol (Whitchurch) Airport as Bristol's municipal airport. From 1997 to 2010, it was known as Bristol International Airport. In 1997, a majority shareholding in the airport was sold to FirstGroup, and then in 2001 the airport was sold to a joint venture of Macquarie Bank and others. In September 2014, Ontario Teachers' Pension Plan bought out Macquarie to become the sole owner. In 2019, it was ranked the eighth busiest airport (overtaking Glasgow Airport from the previous year) in the United Kingdom, handling over 8.9 million passengers, a 3% increase compared with 2018. A passenger survey carried out in 2015 found that 32.5% of journeys u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. The Federal Old-age and Survivors Insurance Trust Fund, which oversees $2.66 trillion in assets, is the world's largest public pension fund. Classifications Open vs. closed pension fund Open pension fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Camelot Group
The Camelot Group is the operator of the UK National Lottery whose current franchise period started in 2009 and runs until February 2024. It has also operated the Illinois State Lottery in the state of Illinois in the United States since 2018. The Camelot Group companies, of which Camelot UK Lotteries Limited is the UK National Lottery operating subsidiary, are ultimately owned by the holding company Premier Lotteries Investments UK Limited. History UK development Camelot was formed as a consortium to bid for the National Lottery project. The major partners were International Computers Limited (ICL), supplying hardware, software, and systems integration expertise; Racal with responsibility for the communications network; and Cadbury Schweppes bringing experience in consumer marketing and knowledge of the world of corner-shop retailers. De La Rue brought knowledge of secure printing technology, and GTECH Corporation were brought in as the selected supplier of applications ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cadillac Fairview
The Cadillac Fairview Corporation Limited is a Canadian company that invests in, owns, and manages commercial real estate, mainly in Canada and the United States. As of March 2017, the company had 73 properties, encompassing 38 million square feet, worth over $29 billion. As of September 2017, Cadillac Fairview's portfolio consisted of 60% Canadian retail (mainly major shopping centres) and 26% Canadian office buildings. Cadillac Fairview is wholly owned by the Ontario Teachers' Pension Plan. History The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation. Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922-2003), and Jack Kamin in Toronto in 1953 as a developers of high-rise apartment buildings. Fairview Corporation was established in 1958 as the real estate division of Cemp Investments, the holding company of the Bronfman fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. The Federal Old-age and Survivors Insurance Trust Fund, which oversees $2.66 trillion in assets, is the world's largest public pension fund. Classifications Open vs. closed pension fund Open pension fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham Airport
Birmingham Airport , formerly ''Birmingham International Airport'', is an international airport located east-southeast of Birmingham city centre, west-northwest of Coventry slightly north of Bickenhill village, in the Metropolitan Borough of Solihull, England. Officially opened as ''Elmdon Airport'' on 8 July 1939, the airport was requisitioned by the Air Ministry during Second World War and used by both the Royal Air Force (RAF) and the Royal Navy as ''RAF Elmdon''. It was largely used for flight training and wartime production purposes. On 8 July 1946, the aerodrome was reopened to civilian operations. Birmingham Airport currently holds a CAA Public Use Aerodrome Licence (Number P451) that allows flights for the public transport of passengers or for flying instruction. Passenger throughput in 2017 was over 12.9 million, making Birmingham the seventh busiest airport in the UK. The airport offers international flights to destinations in Europe, the Middle East, the Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institutional Investor
An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked companies, insurers, pension funds, sovereign wealth funds, charities, hedge funds, REITs, investment advisors, endowments, and mutual funds. Operating companies which invest excess capital in these types of assets may also be included in the term. Activist institutional investors may also influence corporate governance by exercising voting rights in their investments. In 2019, the world's top 500 asset managers collectively managed $104.4 trillion in Assets under Management (AuM). Although institutional investors appear to be more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses of investment manageme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Lottery (Ireland)
The National Lottery ( ga, An Crannchur Náisiúnta) is the state-licensed lottery operator in the Republic of Ireland. Established in 1986 to raise funds for good causes, it began operations on 27 March 1987 when it issued its first scratchcards. It launched the weekly drawing game Lotto the following year, holding the first draw on 16 April 1988. The National Lottery now offers Lotto and Lotto Plus draws on Wednesdays and Saturdays, EuroMillions and Plus draws on Tuesdays and Fridays, and two Daily Million draws each day. Its other games include televised bingo, Millionaire Raffles, and online instant-win games. The minimum age to play all National Lottery games is 18. Almost 40 percent of Irish adults play National Lottery games regularly, with nearly 30 percent of sales going toward good causes in the areas of sport and recreation, national culture and heritage, the arts, community health, youth welfare and amenities, and the natural environment. In 2020, total sales were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto Eaton Centre
The Toronto Eaton Centre (corporately styled as the CF Toronto Eaton Centre since September 2015, and commonly referred to simply as the Eaton Centre) is a shopping mall and office complex in the downtown core of Toronto, Ontario, Canada. It is owned and managed by Cadillac Fairview (CF). It was named after the Eaton's department store chain that once anchored it before the chain became defunct in the late 1990s. The Toronto Eaton Centre attracts more visitors than any of Toronto's tourist attractions because it sits on top of two subway stations in downtown Toronto and is close to Union station. It is North America's busiest shopping mall when one counts the daily commuters along with tourist traffic. The mall has over 230 stores and restaurants in 2014. Location and access The main portion of the Toronto Eaton Centre complex is bounded by Yonge Street on the east, Queen Street West on the south, Dundas Street West on the north, and to the west by James Street and Trinit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rideau Centre
The Rideau Centre (french: Centre Rideau) (corporately styled as CF Rideau Centre) is a three-level shopping centre on Rideau Street in Ottawa, Ontario, Canada. It borders on Rideau Street, the ByWard Market, the Rideau Canal, the Mackenzie King Bridge, and Nicholas Street in Downtown Ottawa. Over 20 million people visit the mall annually. It is the largest shopping mall and the main transit hub in the National Capital Region and the sixth largest mall, by area, in Canada. The Rideau Centre complex has approximately 180 retailers and is connected to a rooftop park, a Westin Hotel, the Shaw Centre, the Freiman Mall and the Major-General George R Pearkes Building. History During its construction from 1981 to 1982, the construction of the Rideau Centre is speculated to have been largely controversial and widely opposed by local residents and business owners, as a whole block of stores south of Hudson's Bay Company's "The Bay" on Rideau Street would have required demolishing, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
