| From IPE: The Ontario Municipal Employees Retirement System (OMERS) suffered an overall net loss of $8bn (€6.25bn) in 2008, although its real estate investments performed relatively well despite the financial downturn.
OMERS announced on Monday it generated a -15.3% rate of return on its investments in 2008 compared to an 8% return recorded the previous year, but its property and private market assets, and its limited exposure to high-risk investments like sub-prime mortgages and over-leveraged assets, helped lessen the pension fund’s losses..... Full Article: Source
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