bcIMC shows return of 14.2 pct in fiscal 2015, assets rise to $124 mln
Pension fund manager British Columbia Investment Management Corp (bcIMC) reported a net 14.2 percent annual combined return for the fiscal year ending March 31, 2015. Driven chiefly by results from public equity and real estate investments, its performance exceeded a combined benchmark of 12.6 percent. Net assets managed by bcIMC increased to $123.6 billion in fiscal 2015, up $13.2 billion from the year before. Private equity, which accounts for 4.8 percent of assets, outperformed its one-year benchmark with an 18 percent return. Other alternative asset portfolios, including infrastructure, also outperformed.
17 July 2015•3 mins read
