Ontario Municipal Employees Retirement System saw a 4.2% return in 2022
Ontario Municipal Employees Retirement System, or OMERS, reported $4.9-billion in investment gains in 2022, a 4.2-per-cent return that boosted the plan’s assets even in an investing environment that the pension fund’s leaders described as “exceptionally challenging.”
The varying returns of pension funds are not always directly comparable as they are driven by differences in their portfolios and the makeup of their members and pension beneficiaries. The pension fund manager’s strategy of favouring higher-yielding, short-term credit over long-term bonds also paid of as interest rates jumped higher.
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