Ontario Teachers' Pension Plan , Toronto, invested C$500 million...

Ontario Teachers’ Pension Plan, Toronto, invested C$500 million (US$310 million) with Relational Investors, according to Lee Fullerton, a spokeswoman for the C$71 billion plan. Relational invests in equities of publicly traded companies that are undervalued because of poor corporate governance, but whose boards are willing to work on this area. "We are searching for value, and want to work with boards of directors who are interested in improving their shareholder value,” said Ms. Fullerton.