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
pension plan has outperformed its benchmark for the calendar year 2024
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 fund’s AUM has almost tripled under CIO
Henrik Olejasz Larsen since 2007.
Jeff Wendling, the HOOPP’s CEO who is set to retire at the end of March, said the return was supported by solid performances in both public and private equity markets, including results from the plan’s infrastructure investments, alongside absolute return strategies.
At
the recent meeting, the pension plan unveiled its pacing for its private market
allocations
The industrial sector’s favorable
market dynamics position this joint venture well to deliver strong returns for
the CPP Fund
The ND system has committed $185m to two real estate
funds