Sports Bet Pays Off as Omers Reaps 50% Gain on MLSE Investment

🇨🇦 Bloomberg (CA) —

AI Summary

Ontario’s pension fund Omer gained over 50% returns within three years through investments in Toronto’s major league sports teams, proving the profitability of sports-related investments despite initial skepticism.

Ontario’s pension fund for government workers generated a return of more than 50% in less than three years on an investment tied to Toronto’s major league sports teams, vindicating a bet that was initially viewed as expensive when it was first made.

Markets Deals Sports Ontario pension fund Omers MLSE investment sports teams returns Toronto financial gain

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