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Canada Fund Adds Billions to Asia Stock Bets and Plans Even More

  • Omers deployed almost C$4 billion into Asia-Pacific last year
  • Fund has added staff in Singapore office as it boosts exposure
Ontario Municipal Employees’ Retirement System (Omers) almost quadrupled its stock holdings in Asia-Pacific last year and plans to keep boosting its exposure to the fast-growing region over the next several years.

Ontario Municipal Employees’ Retirement System (Omers) almost quadrupled its stock holdings in Asia-Pacific last year and plans to keep boosting its exposure to the fast-growing region over the next several years.

Photographer: Wei Leng Tay/Bloomberg
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Ontario Municipal Employees’ Retirement System almost quadrupled its stock holdings in Asia-Pacific last year and plans to keep boosting its exposure to the fast-growing region over the next several years.

“We’ve seen a rebound quicker there in a lot of the sectors and markets than elsewhere globally,” Blake Hutcheson, who became chief executive officer on June 1, said in an interview. The pension manager, known as Omers, deployed almost C$4 billion ($3.2 billion) in the region, up from about C$1 billion, he said.