Page 19 - Transforming To Stay Successful
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THE PURSUIT OF
                                     BOLD INITIATIVES

                                 We’re moving from being an allocator of capital to external managers to
                                 an active, in-house asset manager. This transformation involves many bold
                                 initiatives: creating QuadReal, setting up a derivatives program, introducing a
                                 new investment management platform (IMP), and establishing an integrated
                                 culture of investment risk management to name a few. These initiatives are all
                                 designed to enable and unlock BCI’s investment potential, and increase the
                                 probability of meeting our clients’ actuarial rate of return. These are multi-year,
                                 large scale initiatives that won’t happen overnight. Each one consists of a
                                 number of projects that make it happen, and milestones to meet along the
                                 way. Big journeys begin with small steps.


                                     A FOCUS ON THE
                                     COMPANY AND TEAM


                                 World class companies focus on building the company, and never stop… For
                                 them, the company is in itself the greatest creation. Not the product line or the
                                 profits — but the organization and what it stands for, the culture, the people.
                                 These companies focus on their employees and the design of the company.
                                 And this is exactly what BCI is doing. We’re investing in and taking care of our
                                 staff. We know if we put you first, the returns and client satisfaction will follow.












               WHO WE ARE — A CLOSER LOOK                                                                             19
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