Markets Experience Challenging Start to 2022
In February, Russia’s invasion of Ukraine sent shockwaves across financial markets. The result was volatile commodity prices and strong inflationary pressures.
Investment performance for the quarter followed this trend of upheaval and uncertainty. Accordingly, AIMCo delivered a total fund return of -2.9% net of all fees — measuring a composite of its clients’ portfolios — narrowly missing the aggregate benchmark of -2.8%.
With expectations for further market volatility and high inflation, AIMCo's investment team is actively positioning the portfolio to increase its resilience while remaining focused on long-term performance for clients.