Imco gained 9.9% last year, fueled by shares and private equity

Investment Management Corp. Van Ontario yielded 9.9% last year, driven mainly by profits in equities and private shares. The results for the Canadian pension manager “reflect the strength of our disciplined long -term approach to investment,” CEO Bert Clark said in a statement on Wednesday. Imco’s share ownership rose 24.2%and private equity investments yielded by 16.4%, while the real estate portfolio fell about 1%. From July, Imco stopped its strategy for public markets alternatives, which used active and niche strategies that were not correlated for the stock markets – such as mortgage loans, structured credit and risk transfers. The asset class yielded 6.2% last year and occupied 2% of the total portfolio. The strategy is now being pursued in Imco’s public shares and world credit. The Canadian Pension Fund managers have to do with another reality, as US President Donald Trump has launched tariffs worldwide and has ruined the markets. “Our portfolio has been built and managed to be resilient for volatility,” investment officer Rossitsa Stoyanova told Bloomberg in ‘NE -mail statement. ‘In private markets, our approach has always been to avoid investing with’ stroke of the pen ‘risk. ‘Management under management increased to $ 86 billion at the end of the year. The US accounted for 52% of the total – of 42% in 2021, while Canada accounts for about a third of the portfolio and Europe by 11%. Stoyanova said IMCO does not have time to make the markets or make adjustments based on market events in the short term, and rather focus on the things we can control costs and liquidity effectively; And systematically rebalanced our portfolio, ‘she said. The Toronto-based fund manager has written down its $ 400 million investment in North volt AB, the battery manufacturer of electric vehicles that applied for bankruptcy protection last year. Imco was established in 2016 to consolidate the management of a number of retirement funds for government workers in Ontario, Canada’s most populated province. © 2025 Bloomberg MP This article was generated from an automatic news agency feed without edits to text.