
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.
Despite US constraints and pandemic headwinds, odds are they’ll spring back to their old growth level, analysts say.
Their overseas exposure is expanding, while US funds stay mostly at home.
Why big allocators on this side of the Atlantic, like CalSTRS, CPPIB, and OMERS, are seeding Old World newbie companies.
Move comes during a regional boom for new tech firms.
Fund allocated 16% of its portfolio to infrastructure.