Pensions
OMERS Returns 8.3% in 2024, Assets Grow to $96.67B
The Ontario Municipal Employees’ Retirement System reported strong returns from equities and private credit.
Tag: Ontario Municipal Employees’ Retirement System
Pensions
OMERS to Expand Investments in Italy With Acquisition of Transit and Advertising Network
The pension fund, along with DWS, will fully acquire Grandi Stazioni Retail.
Alternatives
Shareholder Funding Dries Up for Thames Water; Regulator Blamed
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
Asset Allocation
OMERS Deal Values Maple Leaf Sports & Entertainment at $8B
That’s nearly five times its valuation in 2012, when Ontario Teachers’ sold its 79.53% stake for almost $1.3 billion.
Newsmakers
OMERS Names CPPIB’s Michael Hill Head of Infrastructure
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
Manager Selection
Ontario Pension Giant OMERS Promotes Ralph Berg to CIO
After the April 1 transition, current CIO Satish Rai will remain as an adviser until he retires in 2024.
Newsmakers
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Newsmakers
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Market Moves
Union Files Legal Challenge Over OMERS’ Early Retirement Policy
The Canadian Union of Public Employees is also calling for a review of the pension fund’s investment decisions.
Pensions
OMERS Takes 25% Stake in International Schools Partnership
The acquisition is part of the pension fund’s expansion into private equity opportunities across Europe.
How Pension Plans Are Investing Lucratively in Toll Roads
The cash flow is solid, except for occasional problems like pandemic-reduced traffic volumes.
Pensions
OMERS Reports First Annual Loss Since Financial Crisis
Canadian pension attributes 2.7% loss to the effects of pandemic on real estate, transportation, entertainment.
Infrastructure Boosts Canadian Plans, Why Not US Ones?
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
Asset Allocation
Ontario Employees Pension Returns 11.9% in 2019
Public equity returns of more than 20% help boost OMERS’ total asset value to C$109 billion.
Corporate Moves
OMERS Selects Infrastructure Veteran as New Chief Pension Officer
Annesley Wallace will replace Blake Hutcheson, who recently was named CEO of the organization.