Public ambush sends alert to $169 billion Alberta pension: Government’s in charge
To restore confidence in the agency, Alberta’s government has decided to reset the investment corporation’s focus with a new ...
Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner
AIMCo is a low-cost manager compared to similar funds and has 'solidly' exceeded benchmarks over the years, says Kenneth ...
The Canadian Press on MSN4d
Deputy minister appointed interim CEO of AIMCo after Alberta government fires board
Longtime Alberta bureaucrat Ray Gilmour has been appointed interim leader of the Alberta Investment Management Corporation, ...
CBC.ca6d
After changes at AIMCo, United Conservatives now own successes and failures of fund giant
That distance between the politicians and the pension investors shrank substantially this week, when Finance Minister Nate Horner took the unprecedented step to remove the entire independent board ...
Sherwood Park News2d
Stephen Harper's name in mix as potential head of AIMCo, sources say
Former Prime Minister Stephen Harper is among those being considered to chair Alberta Investment Management Corp. (AIMCo), ...
Alberta Fires Pension Manager’s Board, CEO Over Rising Costs
Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which said the money manager has ...
thedeepdive7d
Alberta Government Dissolves AIMCo Board Over Performance Concerns
The Alberta government on Thursday removed the entire board of the (AIMCo), citing years of failing to meet mandated ...
Pensions&Investments7d
Alberta government terminates AIMCo board over underperformance, rising costs
The provincial government of Alberta, Canada, has terminated the entire board of the C$168.9 billion ($124.5 billion) Alberta ...
Pensions&Investments4d
'Unprecedented,' 'earth-shaking' moves at Alberta's AIMCo pension fund manager come under fire
In the interim, Nate Horner, Alberta’s president of treasury board and minister of finance, was appointed the sole director and chair for AIMCo. In addition, Ray Gilmour, the province’s deputy ...
rabble2d
What was the real motivations behind the firing of Alberta investment fund board?
A glance at AIMco board members’ resumes suggests this is unlikely to be the case – so what’s really going on?
cbc.ca on MSN10d
Smaller benefit hikes coming for hundreds of thousands of Albertans relying on provincial programs
A new bill would put default limits on annual increases to the benefit payments many lower-income and disabled Albertans rely ...
Alberta government fires AIMCo board, 4 top executives to 'reset' pension fund manager
The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo).In an ...