Our Story


Our Story

About IMCO / Our Story

We manage over $79-billion on behalf of our public sector clients. We are the only fund manager in Ontario specifically designed to provide broader public-sector institutions with investment management services.

Our origins trace back to November 2012, when the province examined the investment effectiveness of Ontario’s public-sector pensions and funds. Extensive consultations revealed that asset pooling would reduce investment management costs and enable public sector funds to access a broader range of investment strategies. This would ultimately improve investment returns and sustain pension and benefit security for Ontarians over the long term. Read Facilitating Pooled Asset Management.


Creating a professional asset manager characterized by world-class governance practices and a professional investment team was the answer. Assets under management would be large enough to support investing in a broad range of asset classes at the most competitive costs. Investment decisions would be based solely on seeking the best returns without political influence.


In July 2016, IMCO was formally created through the Investment Management Corporation Act (2015) (the “Act”) and in July 2017, IMCO began to manage funds on behalf of its initial clients, the Ontario Pension Board (OPB) and the Workplace Safety and Insurance Board (WSIB).