The Canadian Chamber of Commerce in Hong Kong is proud to welcome Ontario Teachers’ Pension Plan, B+H Architects, United Overseas Bank & Sport 4 Kids to its membership.
Ontario Teachers’ Pension Plan
Ontario Teachers’ Pension Plan is Canada’s largest single-profession pension plan, with roughly $129 billion in net assets. Teachers’, as the plan is known, pays pensions and invests plan assets on behalf of 303,000 working and retired teachers in Ontario, which is Canada’s most populous province.
Teachers’ took on its present form in 1990 and now has more than 900 employees at four offices – head office in Toronto, plus regional offices in New York, London and Hong Kong. As well, our real estate subsidiary, Cadillac Fairview Corp., has about 1,500 employees.
Teachers’ has been a pioneer among pension plans in many ways. For example, instead of outsourcing our investments to third-party asset managers, we hired top investment professionals to invest the plan’s assets in a variety of areas. As a result, our investment teams have earned an annualized rate of return of 10.1% since 1990, which puts us first among our global peers. We have earned those returns with a cost of investment of 0.3%, which is extremely low compared with any other kind of investment activity.
Among pension plans, we have also led been innovative in our use of unconventional investments. Teachers’ was the first pension plan to invest in hedge funds and infrastructure assets. Both investments have become commonplace for big institutions such as pension plans, owing to Teachers’ initial foray and investing success in these areas.
Key to Teachers’ success over the years is our belief in the importance of relationships, which are pivotal to the way we do business. We build success together with our partners through cooperation, trust and transparency.
B+H Architects
B+H is an award-winning, full-service architecture firm recognized for excellence in sustainable design, technical expertise and the delivery of complex, large-scale projects. Headquartered in Toronto, Canada, B+H was one of the first foreign firms to establish a presence in China, opening an office in Shanghai in 1992. Today in Asia, B+H has evolved into a full-service architecture practice with more than 200 employees, designing for retail, commercial, mixed-use, residential, healthcare, hospitality and transportation projects. In addition to Hong Kong, the firm has offices in Shanghai, Beijing, Singapore and Ho Chi Minh City.
United Overseas Bank
United Overseas Bank (“UOB”) was incorporated on 6 August 1935 as the United Chinese Bank. Founded by Datuk Wee Kheng Chiang, the Bank catered mainly to the Fujian community in its early years. The change of name was effected in 1965. Over the years, UOB has grown from strength to strength. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Buana and United Overseas Bank (China). Today, the UOB Group has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.
Sports 4 Kids
Sport4Kids offer the widest range of sports classes to the broadest age range across Hong Kong. Our programs start for children as young as 18 months, and we coach all the way through to secondary school sports teams. Sport4Kids classes offer secure and non-competitive environments for learning sports.
Our philosophy is to teach through encouragement and praise. We strive to enhance each child’s self-esteem while also supporting their development and sports education. Our four guiding principles are: Learning, Health, Friendship and Fun.