Gold Drives Ontario Teachers’ to 2.1% Gain in Tough Climate

Ontario Teachers’ Pension Plan gained 2.1% in the first half of the year thanks to gold, which more than offset the muted returns of private assets.

Net assets increased to C$269.6 billion ($195.8 billion), up C$3.3 billion from year-end, according to a statement Monday. The Toronto-based pension plan earned 7.1% in the past 12 months.