Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner
The former interim chair of Alberta Investment Management Corp. has written a letter to the Alberta cabinet minister who ...
Institutional Investor1d
Justification for Alberta’s Ousting of AIMCo’s Board and CEO Called Into Question
Government cites rising costs and poor returns for the leadership purge, but Keith Ambachtsheer disputes this.
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, ...
Under30CEO on MSN3d
Alberta dismisses AIMCo board and CEO
The Alberta government has made a sudden decision to dismiss the entire board and CEO of the Alberta Investment Management ...
Calgary Herald on MSN7d
'A major reset': Alberta government dismisses AIMCo board and CEO, citing underperformance
The Alberta government on Thursday dismissed the CEO and board at the Alberta Investment Management Corporation (AIMCo), ...
Pensions&Investments1d
Former Canadian Prime Minister Stephen Harper may be named AIMCo chair
The government of Alberta is considering installing former Canadian Prime Minister Stephen J. Harper as board chair of the ...
Pensions&Investments6d
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 ...
Winnipeg Free Press7d
Alberta government fires AIMCo board, citing rising costs and poor performance
EDMONTON – Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta ...
thedeepdive6d
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 ...
Investment Executive6d
Alberta government fires AIMCo board
This is also the third board to be fired in its entirety by the UCP government, following Smith’s firing of the Alberta ...
The Globe and Mail8d
Alberta ousts pension manager AIMCo’s board, CEO, plans to ‘reset focus’
AIMCo exists to manage money on behalf of 17 pension, endowment, insurance and government clients in Alberta, including the province’s $23.4-billion Heritage Savings Trust Fund. The government ...
Financial Post7d
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 ...