Ontario Teachers' plants flag with Asia-Pacific head

Canada's Ontario Teachers' Pension Plan (OTPP) announced the appointment of Nicole Musicco as its new Asia-Pacific head yesterday. It comes after Musicco relocated from Toronto to Hong Kong over the summer. She started a few months ago, according to a spokesman for the pension fund, which has $154.5 billion in assets including $12 billion of Asia-Pacific investments. The spokesman described Musicco’s move as “planting the flag” after the buildout in the Hong Kong office, which w…