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Canada’s AIMCo Pension Gains 7.4% on Real Estate, Bonds

Alberta Investment Management Corp., Canada’s fourth-biggest pension-fund manager, posted a 7.4 percent return on investments last year, helped by holdings of real estate and long-term bonds.

Investment income was C$5.16 billion ($5.03 billion) for the year ended March 31, Leo de Bever, chief executive officer for the Edmonton, Alberta-based fund, said in an interview. The fund’s assets rose 1.3 percent to C$69.7 billion from a year ago, according to its annual report released today.