assets

The Sandy Hook lawsuit drove Jones to bankruptcy, and a Houston judge ruled that Infowars and other assets owned by Jones could be auctioned off to pay off his creditors.

While UK pension schemes tend to invest more in assets like equities and bonds, their Canadian rivals focus more on private markets.

The Ontario Teachers' Pension Plan, for example, only has 7% of its assets in listed equities, compared with 60% for traditional pension funds.

Tracy Blackwell, chief executive of Pension Insurance Corporation, told the BBC: "I think by having the scale and the right expertise internally to invest in a wide range of assets, they'll be able to invest in a lot more than what they can invest in now."

Between them, they have 6.5 million members and manage assets worth £354bn.