GPFA welcomes IMCO as new member
15 September 2022 Canada
Image: javen/stock.adobe.com
The Global Peer Financing Association (GPFA) has announced that the Investment Management Corporation of Ontario (IMCO) has become the 29th member of the global beneficial owner association.
GPFA鈥檚 community now includes 10 Canadian pension plans, which manage more than 70 per cent of the US$2 trillion total pension assets in Canada. IMCO, which manages US$79 billion of assets on behalf of its clients, will become the group鈥檚 11th Canadian-based asset owner.
In a LinkedIn post, Robert Goobie, chair of the Board of Directors at GPFA, says: 鈥淭his collaboration of like-minded peers provides a unique opportunity to share knowledge and invaluable insight, creating a positive impact on our pension promise.
鈥淐ollectively, through further engagement across multiple disciplines, we will strive to innovate and help develop efficient markets that will generate savings to be passed on to our pensioners.鈥�
GPFA鈥檚 community now includes 10 Canadian pension plans, which manage more than 70 per cent of the US$2 trillion total pension assets in Canada. IMCO, which manages US$79 billion of assets on behalf of its clients, will become the group鈥檚 11th Canadian-based asset owner.
In a LinkedIn post, Robert Goobie, chair of the Board of Directors at GPFA, says: 鈥淭his collaboration of like-minded peers provides a unique opportunity to share knowledge and invaluable insight, creating a positive impact on our pension promise.
鈥淐ollectively, through further engagement across multiple disciplines, we will strive to innovate and help develop efficient markets that will generate savings to be passed on to our pensioners.鈥�
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