Includes asset allocation polices, investment principles and guidelines
In a somewhat surprising fashion, equity markets surged in 2017. Supported by the global synchronized economic recovery witnessed throughout the year, foreign equities led the way, returning anywhere from 15.2% to 30.6%, depending upon the market.
Financial markets entered 2018 with a positive tone. However, expanding global economic growth and improved earnings will be the main drivers of equity returns in the year ahead.
For a more detailed review, refer to the 2017 Annual Investment Report
City of Edmonton Investment Performance for 2017
Performance of the City of Edmonton investment funds ranged from 0.2% (Short-Term Bond Fund) to 10.8% (Ed Tel Endowment Fund), depending on each fund's asset mix.