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
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here