top | item 33607459

(no title)

thablackbull | 3 years ago

OTPP has quite a solid reputation and this particular investment was a miniscule speculative bet. You can see the performance over time here [1].

[1] https://www.otpp.com/en-ca/investments/our-advantage/our-per...

discuss

order

wikfwikf|3 years ago

It's not about performance or risk management, it's about due diligence. They should not be giving any amount of money to an organization with such poor internal checks of their finances.

mbesto|3 years ago

I'm sorry but thats not how it works. This investment was made out of their venture fund which deliberately makes risky bets, but is a small amount of the overall pie. OTPP is fine and is going to produce returns which are favorable, let's stop with the hyperbole.

pigtailgirl|3 years ago

--if you made an investment based on audited books but the books were still cooked - what more can you do? - audit the auditer maybe - at some point you have to trust the books --