Fund management profile: Ontario Municipal Employees Retirement System

With C$30 bn in assets and a requirement to invest C$3-5 mn a day, the Ontario Municipal Employees Retirement System (Omers) is Canada's third largest pension fund and an active player in Canada's capital markets. Yet the 35 year-old fund, set up to consolidate Ontario's various municipal employee pension funds, is a little different from many of its peers. For starters, despite being a public sector plan, Omers has had the freedom since 1975 to make its own investment decisions in the absolute