
Pensions
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.
HOOPP ended 2024 with a funded ratio of 111%, its 15th straight year with more assets than liabilities.
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
The performance raised the plans’ year-to-date return to 9.6%.
The median plan’s returns rebounded from weak gains in the second quarter and negative returns a year ago.