2023: Alberta Investment Management Corp's (AIMCo) balanced fund earned an 8.0% net return, below its 9.3% benchmark.
Alberta Investment Management Corp.'s (AIMCo) balanced fund earned an 8.0% net return in 2023, falling short of its benchmark return of 9.3%. The investment manager's public equity investments achieved a 15.8% return, while fixed income holdings saw a 7.7% return. AIMCo's private equity portfolio generated a 6.7% return, with infrastructure investments earning 3.8% and renewable resources returning 1.6%. AIMCo's real estate portfolio lost 8.4%, while mortgages earned 4.5% and private debt and loan holdings returned 9.6%. AIMCo's total fund posted a 6.9% return, compared to a benchmark of 8.7%.
April 22, 2024
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