Ontario's Muncipal Employee's Retirement System posted a 6.2% rate of return for 2000 - a drop of nine points on the previous year, according to its annual report.
OMERS saw its assets increase to C$35.9bn ($16bn). But the rate of return compared sharply to 1999’s figure of 15.2%. According to the report, this retun was affected by a 8.2% loss in the foreign ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date