Pension Fund’s Real Estate Investment Sees -8.4% Return in 2023, Alberta Reports
Edmonton, Alberta – Alberta’s largest pension fund faced a setback in 2023 with a negative 8.4% return on its real estate investments. This downturn in performance is significant for the fund, as real estate typically plays a key role in its portfolio. Despite efforts to diversify and manage risks, the fund experienced challenges in the market that impacted its returns. The Alberta Investment Management Corporation (AIMCo) manages the pension fund, overseeing investments across various asset …