Alberta government fires AIMCo board, four top executives, in 'reset' for pension fund manager
The province says the move comes "after years of AIMCo consistently failing to meet its mandated benchmark returns." For now, ...
AIMCo’s interim CEO expected to be fixture of Alberta government’s long-term plans for fund manager
With no rush to name a permanent chief executive officer, there are signals that Ray Gilmour will have a chance to prove ...
Hosted on MSN11d
Nate Horner: Why firing AIMCo's board was the best move for Alberta
One of the government agencies I oversee is the Alberta Investment Management Corporation (AIMCo). As Alberta’s investment ...
Alberta’s AIMCo shakeup could mean government control of pension fund assets
New appointees to AIMCo board include the Danielle Smith government’s own deputy minister of finance and former prime ...
Alberta's preference for Stephen Harper was well known within AIMCo, sources say
The Alberta government’s desire to bring in former prime minister Stephen Harper to chair Alberta Investment Management Corp.
thedeepdive8d
Former Canada PM Harper Named Chair of Alberta’s $169 Billion Fund
Former Canadian Prime Minister Stephen Harper will lead Alberta’s public pension fund manager as its new chairman — sparking ...
Alberta government fires AIMCo board citing rising costs, poor performance
Finance Minister Nate Horner said the reason is poor performance, with rising staffing and management fees coupled with a ...
Calgary Herald on MSN13d
Alberta government names former PM Harper as AIMCo board chair, reappoints three former members
The three former board members reappointed to the Crown corporation’s board are Jason Montemurro, CEO of Montemurro ...
Stephen Harper to oversee Alberta's $160B investment board, AIMCo
Former prime minister Stephen Harper has been tapped to lead the Alberta Investment Management Corporation (AIMCo), the Crown ...
Pensions&Investments12d
Alberta opposition party criticizes Stephen Harper appointment as AIMCo board chair by ruling conservatives
The opposition party in the Canadian province of Alberta criticized the appointment of former Prime Minister Stephen Harper ...
wealthprofessional.ca15d
Alberta government takes control of AIMCo with sweeping leadership overhaul
The Alberta government opposed some of Siddall’s initiatives, including opening an office in high-end One Vanderbilt in New ...
Financial Post26d
AIMCo expansion, Alberta's investment focus were sources of tension before purge, sources say
The decision by Alberta Investment Management Corp. (AIMCo) to launch operations abroad as it chased higher returns and the extent to which the investment manager should invest in Alberta were sources ...