![9.1% Return From AIMCo](https://www.benefitscanada.com/wp-content/uploads/sites/7/2010/03/767296_calgary_alberta.jpg)
The pension fund earned more than $1.5 billion of active value-add return above benchmark and overall investment income of $7.5 billion on total assets under management of $90.2 billion.
“I am very pleased with the terrific year of performance, especially against a backdrop of change and extreme volatility across the markets,” said Kevin Uebelein, chief executive officer. “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. This result is further evidence that the ‘Canadian Model’ of public asset management is one that very well serves the needs of the public.
“During these times of intense challenge for Alberta, it is especially gratifying to be able to deliver more than $1.5 billion of over-performance against our benchmark returns, which represents a best-ever performance figure for AIMCo.”
Detailed performance information will be available in AIMCo’s annual report to be released in June 2016.