Ontario Teachers’ Plans to Double Singapore Office in Asia Push
- Canada fund’s staff in Singapore office may exceed Hong Kong
- Fund sees Asia assets growing to balance North America
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The Ontario Teachers’ Pension Plan is looking to potentially double staff in its Singapore office as the C$243 billion ($177 billion) Canadian fund steps up its expansion in Asia.
The Toronto-based investor is moving into new offices in the city-state next year with capacity for about 45 to 50 people, from about 25 now. That would surpass the 35 staff in the fund’s Hong Kong office.