UPDATE 1-Ontario Teachers' pension plan assessing 'Brexit' risk daily
* Fund may hedge currency risk on investments -CIO
* Remains committed to long-term investments in Britain
* CIO says competition for assets "unprecedented"
* Fund achieved 13 percent return on investments in 2015 (Recasts, adds chief investment officer's comments)
By Matt Scuffham
TORONTO, March 30 (Reuters) - The Ontario Teachers' Pension Plan, one of the biggest investors in British infrastructure, said it is assessing daily the risk that Britain will leave the European Union and is considering hedging the currency risk on its investments.
Ontario Teachers', Canada's third-largest public pension plan, led a consortium of investors that purchased London City Airport for about 2 billion pounds ($2.9 billion) last month. It also owns Britain's High Speed One Channel Tunnel railway link and its National Lottery operator.
Bjarne Graven Larsen, the pension plan's chief investment officer, said it remained committed to investing in Britain in the long-term regardless of the outcome of the June 23 "Brexit" referendum, but has concerns over the short-term currency risk.
Sterling has fallen by nearly 10 percent against the Canadian dollar since the referendum was announced in February. Continued...