Vestcor Inc. is reporting a net investment return of 8.67 per cent for 2025. In its annual investment performance report, the New Brunswick-based investment manager said its assets under management grew by $1.3 billion to $24.4 billion, adding $165 million in value above investment benchmarks for clients. Read: Vestcor returns 12.2% in 2024, net assets increase […]
Vestcor Inc. is the target of a class action lawsuit alleging a specific transaction ended up costing a group of Canadian investors significant financial losses. “Our legal team is currently evaluating the merits of the lawsuit; the claims have not been tested in court,” the investment organization said in a statement. “We have confidence in […]
The Community Foundation of Prince Edward Island is selecting Vestcor Inc. as its investment manager. The CFPEI, which was first incorporated in 1993, oversees more than 200 community foundations in Canada representing several endowments, flow-through legacy and agency funds. Read: Vestcor returns 12.2% in 2024, net assets increase to $23.1BN According to its 2024 annual […]
Vestcor Inc. achieved an overall investment portfolio return of 12.2 per cent as at Dec. 31, 2024, surpassing its benchmark by 0.1 per cent. In a report, the New Brunswick-based investment manager said its total assets grew by $2 billion to $23.1 billion in 2024. Read: Vestcor returns 7.5% for 2023, amid rising inflation, high […]