{"id":77684,"date":"2026-08-27T17:23:17","date_gmt":"2026-08-27T17:23:17","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/27\/aimco-assets-top-200-billion-as-public-equities-drive-gains\/"},"modified":"2026-08-27T17:23:17","modified_gmt":"2026-08-27T17:23:17","slug":"aimco-assets-top-200-billion-as-public-equities-drive-gains","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/27\/aimco-assets-top-200-billion-as-public-equities-drive-gains\/","title":{"rendered":"AIMCo assets top $200 billion as public equities drive gains"},"content":{"rendered":"<p> \n<br \/><iframe loading=\"lazy\" title=\"U.S. economy is losing momentum: Rosenberg\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/wjJda5wywOI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p> Alberta Investment Management Corp. surpassed $200 billion in assets under management with a 7.1 per cent net investment return in the first half of the year marked by conflict in the Middle East, U.S. trade policy uncertainty and evolving inflation expectations. <\/p>\n<p> The provincial Crown corporation that invests on behalf of pensions, endowments and government funds had $210.7 billion in assets under management as of June 30. <\/p>\n<p> Chief investment officer Justin Lord said the trade situation and other geopolitical and macroeconomic developments are front and centre for the globally invested fund, which has a strong presence in North America. About 40 per cent of AIMCo\u2019s assets are invested in Canada. <\/p>\n<p> \u201cA prolonged dispute, whether it\u2019s in the Middle East (or) whether it\u2019s trade-related, certainly could create headwinds for the Canadian economy, for the equity market ,\u201d he said. \u201cAnd that\u2019s something we\u2019re monitoring closely.\u201d <\/p>\n<p> Public equities were the strongest contributor to AIMCo\u2019s performance in the first half of the year, benefiting from resilient corporate earnings and continued strength in AI-related sectors and global equity markets. The results were moderated, however, by private equity , where there was lower transaction activity and valuation pressure in software-related investments. <\/p>\n<p> \u201cPrivate equity, perhaps even more so today, is playing a vital role in diversification across our equity exposures,\u201d Lord said. <\/p>\n<p> \u201cA number of of equity markets, be it global or emerging markets , are really reliant on a couple of very similar underlying themes with respect to where we\u2019re seeing earnings growth and price appreciation contributing to that strong performance,\u201d he added. <\/p>\n<p> AIMCo\u2019s private equity program is focused on fund and co-investment, and Lord said the team is seeing a number of opportunities that align with the fund\u2019s strategy, as well as an increase in secondary deal flow. <\/p>\n<p> Public equities and absolute return strategies make up the bulk of AIMCo\u2019s portfolio, at 38 per cent. The balance is split between private markets and money market and fixed income. <\/p>\n<p> Lord said he plans to connect next month with \u201cpeers\u201d and \u201cpartners\u201d attending the Canada Investment Summit on Sept. 14 and 15, a conference convened by Prime Minister Carney that has a guest list of large global investment funds. <\/p>\n<p> \u201cWe do have a significant amount of our assets invested here across a number of different asset classes and, should compelling opportunities arise, we\u2019d be happy to \u2026 underwrite those transactions, much like we would in any other jurisdiction,\u201d he said. <\/p>\n<p> Lord said there are no hard targets or caps on AIMCo\u2019s investments in Canada. <\/p>\n<p> \u201cWe have a strong interest in seeing, obviously, a competitive and attractive investment environment here in our own backyard,\u201d he said, \u201cbut we do invest globally on behalf of our clients and \u2026 ultimately, our responsibility is to deliver that long-term return for clients, and that means investing where we see the best opportunity to create value over time.\u201d <\/p>\n<p> AIMCo reports the long-term investment performance of its balanced fund, which is a composite of client accounts with mandates that allow AIMCo to combine asset allocation and active investment management to seek higher returns. <\/p>\n<p> Over four years, the balanced fund\u2019s net annualized rate of return is 9.9 per cent. Over 10 years, the return is 7.8 per cent. The balanced fund\u2019s net investment return was $13.6 billion in the first half of this year and $89.1 billion over 10 years. <\/p>\n<ul class=\"related_links\">\n<li>AIMCo has no plans to reduce U.S. exposure despite trade tensions, CIO says<\/li>\n<li>AIMCo names former senior bureaucrat Ray Gilmour as permanent CEO<\/li>\n<\/ul>\n<p> <em>\u2022 Email: bshecter@nationalpost.com <\/em> <\/p>\n\n<br \/>AIMCo assets top $200 billion as public equities drive gains<\/a><br \/>\n<br \/>2026-08-27 17:23:17<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alberta Investment Management Corp. surpassed $200 billion in assets under management with a 7.1 per cent net investment return in the first half of the year marked by conflict in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":77685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-77684","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=77684"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/77685"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=77684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=77684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=77684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}