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AIMCo Announces 8.7% Gross Rate of Return for 2012 Fiscal Year End

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AIMCo Announces 8.

Ajouté le : 02 juillet 2012
Lecture(s) : 19
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AIMCo Announces 8.7% Gross Rate of Return
for 2012 Fiscal Year End
PR Newswire
EDMONTON, Alberta, June 28, 2012
June 28, 2012
/PRNewswire/ --
Alberta Investment Management Corporation (AIMCo), one of
investment management firms, today reported 8.7% gross rate of return on
behalf of its balanced fund clients for its 2012 fiscal year end. AIMCo earned a
7.9% gross rate of return or
$5.2 billion
in value-added returns from a total
fund perspective including a 4.7% gross rate of return from government funds.
"I am pleased to report that AIMCo earned a gross return of 8.7% for our
balanced fund clients last year," said Leo de Bever, CEO, AIMCo. "This is a solid
result in the face of unsettled markets. We continue to build the team and
infrastructure necessary to earn better than market returns in the future."
For more information, please visit http://www.aimco.alberta.ca. AIMCo's current
annual report will be available on its website at 12
noon MT
June 28, 2012
About AIMCo
Alberta Investment Management Corporation (AIMCo) is one of
largest and most diversified institutional investment managers, with an
investment portfolio of approximately
$70 billion
. AIMCo was established as a
crown corporation on
January 1, 2008
with a mandate to provide superior long-
term investment results for its clients. AIMCo invests globally on behalf of 26
pension, endowment and government funds in the Province of
. For
more information about AIMCo, visit http://www.aimco.alberta.ca.
For further information:
Media contact:
Shauna MacDonald
Brookline Public Relations, Inc.
P: +1-403-538-5645
C: +1-403-585-4570
smacdonald@brooklinepr .com