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OMERS Pension Fund Posts 0.4% Loss In 12 months’s First Half

Canadian pension large, the Ontario Municipal Workers Retirement System (OMERS),

posted a 0.4% loss for the primary half of 2022 as inventory declines overwhelmed positive factors in non-public

fairness investments.

OMERS’ inventory holdings fell 13.2% and its bond portfolio declined 2.5% within the first six months of
the 12 months. These losses had been partly offset by a 7.7% acquire in non-public fairness investments, the
pension fund mentioned.

OMERS’ internet belongings stood at $119.5 billion as of June 30 this 12 months.

Different public pension funds in Canada reported losses on this 12 months’s first half resulting from slumping
fairness markets.

Montreal-based Caisse de Depot et Placement du Quebec reported a 7.9% loss within the first six
months of the 12 months, whereas the Canada Pension Plan Funding Board, the nation’s largest
pension fund, posted a unfavorable 4.2% return.

Bucking the unfavorable outcomes was the Ontario Academics’ Pension Plan, which introduced earlier
this week that it had a modest 1.2% return on its investments within the first six months of the 12 months.

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