Pensions
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.
Tag: OMERS
Pensions
Climate Advocacy Group Rates Canada’s Largest Pensions
From CDPQ’s B+ all the way down to AIMCo’s F, Shift graded Canadian pension funds on their decarbonization efforts—or lack thereof.
Pensions
OMERS to Expand Investments in Italy With Acquisition of Transit and Advertising Network
The pension fund, along with DWS, will fully acquire Grandi Stazioni Retail.
Alternatives
Shareholder Funding Dries Up for Thames Water; Regulator Blamed
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
Asset Allocation
Thames Water Marked Down by More Than 60%
The U.K.’s Universities Superannuation Scheme downgraded the value of its holdings in the private utility, putting infrastructure investments under a spotlight.
Asset Allocation
OMERS Deal Values Maple Leaf Sports & Entertainment at $8B
That’s nearly five times its valuation in 2012, when Ontario Teachers’ sold its 79.53% stake for almost $1.3 billion.
Alternatives
Goldman Sachs Asset Management Announces Partnership With Ontario Municipal Employees Retirement System
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.
Newsmakers
OMERS Names CPPIB’s Michael Hill Head of Infrastructure
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
Manager Selection
Ontario Pension Giant OMERS Promotes Ralph Berg to CIO
After the April 1 transition, current CIO Satish Rai will remain as an adviser until he retires in 2024.
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.
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.
Why Airports Hold Promise for Asset Allocators
Despite US constraints and pandemic headwinds, odds are they’ll spring back to their old growth level, analysts say.
One Big Reason Canadian Plans Are So Well Off: International Investing
Their overseas exposure is expanding, while US funds stay mostly at home.
Market Moves
Union Files Legal Challenge Over OMERS’ Early Retirement Policy
The Canadian Union of Public Employees is also calling for a review of the pension fund’s investment decisions.
Pensions
OMERS Takes 25% Stake in International Schools Partnership
The acquisition is part of the pension fund’s expansion into private equity opportunities across Europe.