IMCO launches global public equity pool representing approximately $17.3 billion in assets

Uncategorized / IMCO launches global public equity pool representing approximately $17.3 billion in assets


IMCO launches global public equity pool representing approximately $17.3 billion in assets

New milestone significantly expands IMCO’s global reach to broader investment opportunities

TORONTO (FEBRUARY 23, 2021) – The Investment Management Corporation of Ontario (IMCO) announced today that it has launched the IMCO Global Public Equity pool, representing approximately $17.3 billion as its second structured pool of assets. This pool is another significant milestone for IMCO following the launch of its Canadian Equity Pool in November 2020. Combined, the Global Public Equity and Canadian Public Equity pools represent approximately $20bn of AUM in IMCO Pools.

“In a short period of time, IMCO has made tremendous progress on our mandate to provide Ontario public-sector institutions with world-class investment management services,” said Bert Clark, President & CEO, IMCO. “This second pool expands our global reach, providing our clients access to enhanced investment strategies, new markets, and new products.”

IMCO offers professional end-to-end investment solutions for clients who may not have the scale to create or efficiently access a full range of asset classes, and consolidated risk management and reporting, in a cost-efficient manner.

The organization plans to launch Emerging Markets Public Equity pool in the coming months to its clients, with pools for private markets to follow.

There are 90 potential funds in Ontario’s broader public sector that are eligible for IMCO membership. These funds represent nearly $100 billion in assets under management. IMCO can provide investment management and services to the following entities:

  • Crown agencies;
  • Corporations, with or without share capital, that are not a Crown agency but are owned, operated, or controlled by the Crown;
  • Boards, commissions, authorities, or unincorporated bodies of the Crown;
  • Universities in Ontario, including affiliated and federated colleges, that receive operating grants from the Government of Ontario;
  • Municipalities as defined in section 1 of the Municipal Act, 2001; and
  • Any other bodies as may be prescribed.

ABOUT THE INVESTMENT MANAGEMENT CORPORATION OF ONTARIO

The Investment Management Corporation of Ontario (IMCO) manages $70 billion of assets on behalf of its clients. IMCO’s mandate is to provide broader public sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors. Follow us on LinkedIn and Twitter @imcoinvest

 

For Further Information

Neil Murphy

Vice President, Corporate Communication

(416) 898-3917
neil.murphy@imcoinvest.com

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