TORONTO – The OMERS pension fund is reporting a 6.7 per cent net return last year around the investments it manages for municipal and other public-sector workers across Ontario.
OMERS says its assets grew by $5 billion last year after expenses to about $77 billion, with 52 per cent in public investments and 48 per cent in private investments.
Returns because of its private investments – including shares of private companies, infrastructure and property – outperformed public investments last year.