Sports Bet Pays Off as Omers Reaps 50% Gain on MLSE Investment
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...
By Paula Sambo · Bloomberg Markets
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.