March 8, 2011
(Toronto) - OMERS, one of Canada's largest pension funds, has again been chosen by World Finance magazine as Global Pension Fund of the Year, Canada 2011.
Providing consistent and healthy returns for pension contributors requires superior leadership, comprehensive investment intelligence and market foresight. World Finance presents the Global Pension Fund awards for 2011 in the knowledge that these are qualities inherent in its winners. Judges have sought out pension funds that not only offer excellent value for their contributors but who conduct themselves with integrity.
"We are honoured to win this prestigious award for a second time and are grateful to the team at World Finance for their recognition," said Michael Nobrega, President and CEO of OMERS. "To be recognized internationally for our commitment to rigorous risk management, client service, transparency, best practices in corporate governance as well as the innovations we offer as an employer is a significant achievement."
OMERS is in the midst of unprecedented growth and the pursuit of emerging global opportunities as we expand our international presence including offices in London and New York City, bringing us closer to our partners and assets around the world.
In October, Hewitt Associates and The Globe and Mail Report on Business published their list of the 50 Best Employers in Canada and, for the third year in a row, OMERS Administration Corporation was the only pension plan to garner such recognition, ranking 13th.
About World Finance Magazine
World Finance enjoys a global distribution network that extends to over 120,000 senior executives of some of the world's leading organisations. The magazine has built up a coveted reputation for excellence and is dedicated to all areas of global finance. World Finance is produced by an award-winning editorial team of journalists and correspondents who provide authoritative news and features supported by up-to-the-minute, reliable data collected from trusted media organizations such as Reuters and Financial News and detailed analysis of the most complex, dynamic and innovative issues facing business' today. For further information please visit www.worldfinance.com.
OMERS is one of Canada's largest pension funds with over $53 billion in net assets. It provides first-class pension administration and innovative products and services to over 400,000 members. Approximately one in every 20 employees working in the province of Ontario is an OMERS member. Through the OMERS Worldwide brand, our team of investment professionals uses a direct drive, active management investment strategy to invest in public and private market assets, including publicly-traded equities, fixed-income, infrastructure, private equity and real estate. For more information, please visit www.omers.com, or www.omersworldwide.com.
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Manager, Media Relations