Our Clients
BCI is a leading provider of investment management services to British Columbia’s public sector. We generate the investment returns that help our institutional clients build a financially secure future for their beneficiaries.
One of BCI’s core values is Clients First, and we work in our clients’ best financial interests at all times.
We focus on understanding our clients’ different investment needs — whether managing pension funds, growing capital reserves for insurance funds, or generating income for trust funds. This includes learning about our clients’ investment objectives, liability profile, liquidity needs, and investment horizon. BCI assists with developing strategies that take into account our clients’ investment objective, risk appetite, and investment beliefs.
Meeting clients’ needs extends beyond putting their funds to work. Our team of investment professionals work closely with trustees to expand their knowledge and understanding of capital markets. BCI offers many of our clients’ educational sessions that include orientation sessions, webinars, investment insight visits to BCI’s portfolio companies, and multi-day investment literacy sessions.
Our clients are not mandated to use BCI and have voluntarily chosen us as their investment manager.
We invest in line with our clients’ investment frameworks and policies, as well as applicable legislation and regulations. BCI is accountable to clients for fund performance, net of all operating costs.
CLIENT PROFILE
As at March 31, 20201
1 Percentages based on net assets
Pension Funds
We invest on behalf of 12 public sector pensions plans. As our largest client group, this accounts for approximately 77.8 per cent ($133.2 billion) of the assets under management. BCI’s investment activities help our clients secure the pensions of nearly 630,000 plan members in our six largest pension plans alone. They include:
The Municipal Pension Plan has nearly 350,000 active, inactive, and retired members in B.C. Members come from a variety of sectors across the province, including health, municipalities, and school districts.
The Public Service Pension Plan serves more than 132,000 active, inactive, and retired plan members from B.C.’s public sector, including the provincial government, transportation, health care, and others.
The Teachers’ Pension Plan has more than 98,800 active, inactive, and retired plan members, including teachers, vice-principals, principals, and superintendents from school boards across the province.
The College Pension Plan has about 30,000 active, inactive, and retired plan members, including employees and senior administrators at 23 public post-secondary institutions across B.C.
The BC Hydro Pension Plan is a single-employer plan that serves eligible employees of BC Hydro. The plan has more than 13,000 members.
The WorkSafeBC Pension Plan is a single-employer plan that serves eligible employees of WorkSafeBC. The plan has more than 6,000 active, inactive, and retired members.