As one of Canada’s largest and most diversified institutional investment fund managers, Alberta Investment Management Corporation (AIMCo) manages approximately $70 billion for Alberta pensions, government funds, and endowment and special purpose funds, including the Alberta Heritage Savings Trust Fund. AIMCo has a long track-record of providing solid and consistent investment returns.
Previously, AIMCo’s assets were managed by a division of Alberta Finance and Enterprise, but on January 1, 2008, AIMCo was established as a Crown corporation. Under this model, the Corporation is positioned as a flexible, adaptable and competitive organization, meeting the evolving needs of our clients and responding to market changes. AIMCo manages the funds of 26 clients, representing Alberta Public Sector Pensions, provincial endowment funds and general government accounts.
AIMCo is involved with investments and securities such as bonds, treasury bills, public and private equities and real estate, locally, nationally and internationally. The Corporation consistently seeks new opportunities that will provide promising investment returns within previously established levels of risk.
The investment team’s goal is to earn a long-term incremental return of about 2.0 – 2.5 per cent per year over risk-free government bonds. Of the $70 billion in assets, the majority is dedicated to balanced fund investment partners and the remainder for government and special purpose fund clients invested largely in fixed income products. The balanced fund assets are broken down into Money Market & Fixed Income, Equities and Inflation Sensitive investments.
AIMCo continuously strives to uphold the confidence of Albertans and is determined to become the best institutional investment company possible by strategically pursuing greater potential for investment returns. Improved organizational governance allows AIMCo to maintain the highest standards for investment practices while increased flexibility provides the chance to seize promising opportunities.
“Our mandate is to invest in the best interests of Albertans
and to maximize investment returns without undue risk of loss.”
– Leo de Bever, CEO
Through cost-effective and responsible investing, AIMCo strives to become a world-class investment management organization and inspire confidence in Albertans by consistently exceeding performance benchmarks set by investment partners.
Accountable to our investment partners, AIMCo provides professional fund management for all asset classes, exercising the highest standards of prudence and fiduciary responsibility. The organization delivers cost-effective solutions with the aim of achieving the highest returns for a given level of risk, while recognizing our responsibility to the broader society through governance, social and environmental related activities.