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)
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