OMERS returns down 9pts

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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 ...

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