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Vestcor Announces Completion of Investment and Administration Corporation - Announces Positive Financial Results for 2016

Posted: August 22, 2017

The Vestcor Group of Companies (Vestcor) has released its inaugural Annual Report, including information on its two private not-for-profit companies, Vestcor Investment Management Corporation (VIMC) and Vestcor Pension Services Corporation (VPSC).

“Vestcor has been created to deliver a cost efficient, integrated investment management, pension and benefit service delivery platform to a number of public sector entities” said John A. Sinclair, ...

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NBIMC recognizes 20 years of service, announces positive financial returns for 2015-16

Posted: August 30, 2016

FREDERICTON (GNB) – The New Brunswick Investment Management Corporation (NBIMC) has released its latest annual report, recognizing 20 years of service over which it has produced about $10.6 billion in cumulative investment earnings. The corporation also announced its investment return for the fiscal year ending March 31, 2016, was 1.50 per cent for total assets under management.

NBIMC serves as trustee and investment manager for the ...

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Public Sector investment manager delivers strong financial returns for 2014-15

Posted: June 22, 2015

FREDERICTON (GNB) – The New Brunswick Investment Management Corporation (NBIMC) announced that its gross nominal investment return for the fiscal year ending March 31, 2015 was 14.18 per cent for total assets under management.

The corporation serves as trustee and investment manager for the Provincial Court Judges’ pension fund, and the investment manager for the Public Service Shared Risk and New Brunswick Teachers’ pension plans as well as ...

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NBIMC adapting well to pension plan changes, strong fiscal management to continue

Posted: June 16, 2014

FREDERICTON (GNB) – The New Brunswick Investment Management Corporation reported its investment returns for the fiscal year ending March 31, 2014 averaged 13.56 per cent for its pension fund clients. 

The corporation manages the financial assets of the Public Service, Teachers' and Judges' pension plans. Until recently, it served as the pension fund trustee for the three plans but, with the conversion of the Public Service plan to a ...

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Posted: November 20, 2013

FREDERICTON (GNB) – The New Brunswick Investment Management Corporation reported an overall investment return for the first six months of fiscal year 2013-14 of 2.07 per cent. 

Investment returns for the Public Service, Teachers' and Judges' pension plans were 2.16 per cent, 1.95 per cent and 2.16 per cent respectively. The differences in the return to the three funds were due to different proportions and types of investment assets held by ...

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