Prabha Ram has joined OMERS Capital Markets, the capital markets investment division of Ontario Municipal Employees' Retirement System, Toronto, as managing director-global equities.
Ms. Ram is based in New York and reports to Kannan Venkataramani, senior managing director-global equities, according to a Monday news release.
In her role, Ms. Ram will "lead the overall management of the core public equities portfolio, contribute to the development and evolution of its investment framework, and help build a best-in-class capability to generate consistent long term returns for OMERS members," the release noted.
Ms. Ram formerly served as vice president and portfolio manager at American Century Investments, where she co-managed a "U.S.- focused dynamic growth strategy," the release added.
A spokeswoman for American Century said by email, "given the strength in portfolio management coverage across the team, we will replace Prabha's position by expanding the team's research platform with two investment analysts." She added: "Tim Lechleider joined the team as an investment analyst effective October 1. We are currently searching for an additional investment analyst."
As of June 30, OMERS had net assets of C$119.5 billion ($92.8 billion), according to its midyear investment update.
According to its website, OMERS Capital Markets managed C$58.8 billion in assets as of Dec. 31.
