EDMONTON, June 28, 2012 /CNW/ - Alberta Investment Management
Corporation (AIMCo), one of Canada's largest investment management
firms, today reported 8.7% gross rate of return on behalf of its
balanced fund clients for its 2012 fiscal year end. AIMCo earned a 7.9%
gross rate of return or $5.2 billion in value-added returns from a
total fund perspective including a 4.7% gross rate of return from
"I am pleased to report that AIMCo earned a gross return of 8.7% for our
balanced fund clients last year," said Leo de Bever, CEO, AIMCo. "This
is a solid result in the face of unsettled markets. We continue to
build the team and infrastructure necessary to earn better than market
returns in the future."
For more information, please visit www.aimco.alberta.ca. AIMCo's current annual report will be available on its website at 12
noon MT, June 28, 2012.
Alberta Investment Management Corporation (AIMCo) is one of Canada's
largest and most diversified institutional investment managers, with an
investment portfolio of approximately $70 billion. AIMCo was
established as a crown corporation on January 1, 2008 with a mandate to
provide superior long-term investment results for its clients. AIMCo
invests globally on behalf of 26 pension, endowment and government
funds in the Province of Alberta. For more information about AIMCo,
SOURCE Alberta Investment Management Corporation (AIMCO)
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