February 24, 2012 / 4:38 PM / 6 years ago

OMERS 2011 net assets up 3 percent

(Reuters) - Canadian pension fund OMERS said its net assets rose about 3 percent in 2011.

Net assets rose to C$55.1 billion ($55.18 billion) from C$53.3 billion in 2010.

Ontario Municipal Employees Retirement System, or OMERS, earned C$1.7 billion in 2011, the company said in a statement.

The pension fund’s private market portfolio generated a return of 8.2 percent, while return from its public market portfolio was down marginally.

($1 = 0.9986 Canadian dollars)

Reporting by Shounak Dasgupta in Bangalore; Editing by Maju Samuel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below