2025 marks the 鈥� a milestone underscoring its continued commitment to creating long-term value for British Columbians.
With $295 billion in gross assets under management, BCI is one of Canada鈥檚 largest institutional investors. One in 10 British Columbia households benefited from its work last year, and the organization鈥檚 ecosystem contributed $24.4 billion to the province鈥檚 GDP 鈥� roughly 5.9 per cent of the total economy.
鈥淲e often talk about numbers, but behind those numbers are people 鈥� retirees, families, communities,鈥� says Ramy Rayes, Executive Vice President of Investment Strategy & Risk. 鈥淎t BCI, our goal is not just strong performance 鈥� it鈥檚 delivering long-term value that鈥檚 meaningful to the people of British Columbia.鈥�
Despite challenging market conditions, BCI for its largest pension clients in fiscal 2025. The result reflects the strength of its diversified, long-term strategy. Today, just over half of BCI鈥檚 portfolio is in private assets such as infrastructure & renewable resources, private equity and real estate 鈥� investments that offer resilience and stability. At the same time, 85 per cent of assets are managed internally by investment professionals primarily based in Victoria and Vancouver.
鈥淏ringing investment decisions in-house allows us to act quickly, manage costs effectively and ensure our clients鈥� priorities are front and centre,鈥� Rayes says. 鈥淚t鈥檚 a key reason why our returns have remained strong despite volatile market conditions.鈥�
One of the year鈥檚 most meaningful milestones was to manage $2 billion of the settlement fund representing 325 First Nations across Canada.
鈥淭his marks a momentous milestone in the stewardship of these settlement funds and the management of Indigenous capital in Canada,鈥� says Cliff Fregin, Executive Director of the Four Pillars Society. 鈥淭hrough this unprecedented partnership, we have entrusted BCI as an investment manager to help grow and safeguard our collective assets, ensuring that we can continue to empower Indigenous communities to preserve what matters most.鈥�
This represents BCI鈥檚 first Indigenous client 鈥� and its first with beneficiaries extending beyond British Columbia.
鈥淲e are deeply honoured to be awarded this significant investment mandate,鈥� says Gordon J. Fyfe, CEO/CIO of BCI. 鈥淲e look forward to building a strong partnership with The Four Pillars Society, working together to achieve their goals."
As BCI reflects on 25 years of service, it remains focused on the future: resilient, responsible and ready to deliver on behalf of its clients, communities and province for generations to come.
To learn more about BCI or to get in touch, visit.