BCI earns 9 pct return in fiscal 2018, grows assets to $146 bln
British Columbia Investment Management Corp (BCI) earned a net 9 percent return for the fiscal year ended March 31, 2018, compared to its one-year benchmark of 7.4 percent. Net assets managed by BCI were increased to $145.6 billion in fiscal 2018 from $135.5 billion a year earlier. BCI said strong performance in illiquid investments, including infrastructure, private equity and renewable resources, contributed to the overall return. Private equity now accounts for 7.1 percent of all assets. The pension system committed $11.5 billion to illiquid assets in fiscal 2018.
3 August 2018•4 mins read
