Public equities led the Ontario Municipal Employees’ Retirement System’s 4.8% net investment return for the first half of 2026, which raised its asset value to C$151.6 billion ($108.8 billion) as of June 30.
As the fund’s top-performing asset class, public equities rang up a 12.2% return during the first six months of 2026, followed by private credit and real estate assets, which earned 7.8% and 5.5%, respectively. Meanwhile, private equity lagged with a meager 1.1% return.
The asset allocation for OMERS’ portfolio is 24% public equities, 22% infrastructure, 16% private equity, 15% private credit, 15% real estate, 13% public credit, 13% government bonds and -18% cash and funding, which reflects borrowing or funding obligations that offset the investments.
“As we move through the remainder of 2026, we are actively managing our existing…
