Alberta’s $140 Billion Pension Returns 7.5%, Boosted by Stocks

Canadian pension fund investor Alberta Investment Management Corp. returned 7.5% last year in its total fund, as lackluster performance from private-market bets dampened gains from a soaring stock market.

The returns for the total fund, which includes all client accounts, underperformed the benchmark by 2.7%, according to a statement Tuesday. The pension fund manager’s assets increased to C$194.7 billion ($140 billion).