AIMCo posts 3.4% loss as ‘difficult year’ sees as public equities, bonds plunge
Because AIMCo’s public securities account for a large share of AIMCo’s overall investing portfolio, with a combined market value of $79-billion, their weak performance in 2022 overshadowed strong returns that AIMCo earned from private some private assets.
The plan’s real estate portfolio, which has struggled with low returns over the last four years, was also a bright spot with a 4.6-per-cent gain that outpaced its benchmark of 2.1 per cent. One of the key opportunities for investments is in credit, and private debt and loans in particular, as yield from that lending are typically tied to interest rates and have risen accordingly. And AIMCo has just secured access to a new pipeline to generate those loans: When it hired Mr. Scudellari from its larger rival the Public Sector Pension Investment Board in January, the two pension fund managers struck an agreement to jointly fund private loans to companies.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alberta waited a month to declare emergency response to oilsands releases: document | Globalnews.caThe Alberta government waited a month before calling an emergency response to one of the biggest releases of oilsands tailings in the province's history, a leaked document shows.
Read more »
Alberta Premier Danielle Smith threatens CBC with legal action over Coutts blockade stories | CBC NewsAlberta Premier Danielle Smith is threatening legal action against the CBC if the corporation doesn't apologize for and retract recent reporting about the premier and COVID-19-related criminal cases related to last year's Coutts, Alta., blockade.
Read more »
Alberta waited a month to declare emergency response to oilsands releases: documentThe Alberta government waited a month before calling an emergency response to one of the biggest releases of oilsands tailings in the province's history.
Read more »
Alberta waited a month to declare emergency response to oilsands releases: document | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Alberta waited a month to declare emergency response to oilsands releases: documentEDMONTON — The Alberta government waited a month before calling an emergency response to one of the biggest releases of oilsands tailings in the province’s…
Read more »
Highway 1 between B.C. and Alberta to close for five days - Terrace StandardThe highway closure east of Golden at Kicking Horse Canyon will take place from April 11 - 15
Read more »