Ontario Municipal Employees Retirement System recorded a loss of 0.4 per cent or about $500-million
OMERS, like the other members of the “Maple Eight” large Canadian pension plans, owns more than stocks and bonds; it has moved into infrastructure, real estate and other private assets.
The Caisse had 75 per cent of its assets in equities and fixed income at June 30. By contrast, OMERS had about half of its portfolio in public equities, bonds and credit investments at June 30. Teachers had a little less than half of its assets in equities and fixed income, with roughly 20 per cent of its portfolio in what it calls “inflation sensitive” assets, designed to perform better in inflationary environments.
OMERS said public equities – stocks traded on exchanges – lost 13.2 per cent, but the private-equity division returned 7.7 per cent. Together, the two make up about 40 per cent of the OMERS portfolio as of June 30.
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