
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.
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
The investment performance raises the pension’s asset value to $42.9 billion.
After a dismal second quarter, the pension giant posted a 4.3% return to raise its asset value to $1.69 trillion.