Performance Reports to U of T’s Business Board

2018 Year-End Report
2018 Year-End Update

Performance from January 1, 2018 to December 31, 2018

On April 23, 2019, UTAM presented its 2018 investment results to the University of Toronto’s Business Board. Daren Smith, UTAM’s President and Chief Investment Officer, reported that the Pension and Endowment portfolios managed by UTAM returned -1.6% and -1.5%, respectively, during calendar year 2018, net of all investment-related fees and expenses. UTAM outperformed the Reference Portfolio benchmark by 0.7% for Pension, equating to $36 million in value added, and 0.8% for Endowment, equating to $23 million in value added. 

View Report

Related Content
U of T campus

Governance

UTAM reports to the university’s Business Board regarding the investment management and performance of all portfolios managed by UTAM: Pension, Endowment and the short-term working capital fund (EFIP).