AIMCo generates net return of 12.3% in 2024, falling short of benchmark
The return came in slightly below the total fund benchmark return of 13.8%.
The return came in slightly below the total fund benchmark return of 13.8%.
The fund missed its 2024 total
benchmark return of 12.9%.
The fund’s risk management portfolio produced the strongest returns of 33.9%, largely driven by its exposure to gold.
The
$268bn disclosed its allocations to private markets for August in a recent release.
June
Kim, the newly appointed senior investment director, will continue to work with the Global Equity team until a new director of
Global Equity is hired.
Karen Frank’s plans after
two years in the role are not known.
Unlike other developed markets, Australia’s economy is not expected to slide into a full-blown recession.