News Formal

Alberta Investment Management Corp. reports a loss of 3.4 per cent for 2022 | Globalnews.ca

  • 📰 GlobalCalgary
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 61%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The fund manger responsible for the investments of pension, endowment and government funds in Alberta says the result was better than its composite benchmark, which posted a loss of 5.2 per cent for the year.

Alberta Investment Management Corp. reported a loss of 3.4 per cent for 2022 as it faced declines in both public equities and fixed-income markets last year.

The loss for the year came as the fund’s money market and fixed-income investments lost 8.1 per cent, while its public equity investments fell 10.0 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Eyeroll. Big payouts to the CEOs & 'management' of AIMCo. And they 'only' repeatedly lose investor funds by single digit numbers. And Smith & UCP want OUR pension monies? Pffffft.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 50. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines