British Columbia Investment Management Reports 12.4% Annual Return
Fund’s new investment model emphasizes active management over indexing.
Fund’s new investment model emphasizes active management over indexing.
The fund outperforms benchmark for first double-digit returns in three years.
Newer and smaller funds post outsized returns, while volatility for former declines to match industry.
FCA says investors paying higher prices for funds typically achieve worse performance.
The Pennsylvania-based pension fund trumps last year’s Q1 reports.