The Investment Management Corporation of Ontario (IMCO) is one of Canada’s largest institutional investors, managing over $70 billion in assets. As an investment manager, IMCO plays a key role in ensuring the long-term sustainability of public sector pensions in Ontario. This article provides an overview of IMCO’s investment activities and approach.
IMCO’s Investment Philosophy and Process
IMCO takes a prudent, disciplined approach to investing, focusing on risk-adjusted returns over the long-term. They utilize both internal and external investment managers across a diversified range of asset classes including public equities, fixed income, real estate, infrastructure and private equity. Investment decisions follow a rigorous process of research, due diligence and risk management oversight.
IMCO’s Performance and Investments
As a large institutional investor, IMCO has significant capital to deploy across global markets. Their scale provides access to investment opportunities that individual investors cannot access. IMCO has delivered steady returns meeting its mandated benchmarks. Notable investments include stakes in international real estate, infrastructure projects, public companies and private equity funds.
IMCO’s Governance and Sustainability Efforts
IMCO maintains high standards of corporate governance. The fund operates independently from government with oversight by an independent board. IMCO considers ESG factors across its investments and engages with companies to improve sustainability. Diversity and inclusion are priorities in IMCO’s own workforce and investment partners.
In summary, IMCO leverages its scale and expertise in pursuit of risk-adjusted returns to secure pensions for Ontario public sector employees. Through prudent investing across diverse assets, IMCO aims to deliver steady, long-term performance for its stakeholders.