OMERS pension fund improves performance in 2016: Reuters
Canadian pension fund manager OMERS reported an improved performance in 2016, helped by a strong performance from its private equity, infrastructure and real estate investments, Reuters reported. OMERS, or the Ontario Municipal Employees Retirement System, said it generated a 10.3 percent return in 2016, ahead of the 6.7 percent return it achieved in 2015 and ahead of a benchmark target of 7.9 percent. OMERS said its net assets rose to more than $85.2 billion, up from $77.1 billion in 2015.
24 February 2017•1 min read
