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The Ontario teachers pension fund invested $95 million into FTX that they have to write off. They have $295 billion under management, so 0.03% of their assets w
by jboy55 4y ago
The Ontario teachers pension fund invested $95 million into FTX that they have to write off. They have $295 billion under management, so 0.03% of their assets were lost. In the last week the Canadian dollar fluctuated between from 75 down to 73 cents on the US dollar, or 4% of its value. I don't think the teachers pensions are affected by the fluctuations of the USD based portfolio of the fund, and they certainly aren't going be affected by the FTX investment.