Ontario Teachers’ Pension Plan Closes Hong Kong Office, Putting Focus in India and Singapore

Ontario Teachers’ Pension Plan Closes Hong Kong Office, Putting Focus in India and Singapore
The Ontario Teachers' Pension Plan Board office is shown in Toronto, on Sept. 28, 2021. The Canadian Press/Cole Burston
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The organization administering pensions for over 300,000 Ontario teachers is closing its Hong Kong office.

The Ontario Teachers’ Pension Plan says it is closing its Hong Kong office, the first it established in the Asia Pacific in 2013, as part of an effort to “optimize” its presence in the region. The decision, made earlier this year, was announced in an unrelated March 20 press release.