AIMCo Generates 10.1% Return for 2015
The Alberta Investment Management Corporation (AIMCo), which manages a number of funds such as Alberta’s Heritage Fund, posted a 10.1% rate of return on behalf of its balanced fund clients, for the year ending December 31, 2015.
“I am very pleased with the terrific year of performance, especially against a backdrop of change and extreme volatility across the markets. AIMCo’s investment teams remained disciplined and focused on the long term, taking well-measured active risk positions, in-line with our investment strategies and our clients’ established needs. That steady hand approach, and the support of the entire organization, allowed us to identify, and act upon, value-generating opportunities across all major asset classes,” stated Kevin Uebelein, AIMCo’s Chief Executive Officer in a news release.
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