OMERS' assets rise to $72 bln, returns boosted by private equity
The Ontario Municipal Employees Retirement System (OMERS) concluded 2014 with net assets totaling $72 billion and a 10 percent net return, which exceeded its long term funding requirement. Public investments returned a net of 10.7 percent, helped by strong bond prices, while private investments returned a net of 9.5 percent. OMERS' overall performance was supported by OMERS Private Equity, which showed a 14.4 percent return last year. Its net managed assets currently total $6.7 billion. Borealis Infrastructure turned in a 12.7 percent return, with net assets totaling $12.7 billion. Detailed OMERS' performance data are found here.
27 February 2015•2 mins read
