Alberta government fires AIMCo board, four top executives, in …
Nov 7, 2024 · The provincial government has removed the entire board of the Alberta Investment Management Corporation (AIMCo), saying its ballooning costs demand intervention. ... In Friday's news release, the ...
After changes at AIMCo, United Conservatives now own successes …
5 days ago · The investment decisions at the Alberta Investment Management Corporation (AIMCo) are independent of the government. ... Unmentioned in that news release is that, thanks in part to the shift of ...
'Unprecedented,' ‘earth-shaking' board upheaval at Alberta …
3 days ago · The removal of the entire board of Alberta Investment Management Corp., Edmonton, and its CEO was “surprising” and “unprecedented,” said Keith Ambachtsheer, director emeritus of the ...
Business Brief: After the purge at AIMCo - The Globe and Mail
11 hours ago · The Alberta government’s sudden dismissal of the chief executive officer and the entire board of Alberta Investment Management Corp., its public-sector pension manager, sent shockwaves across ...
Questions about AIMCo's future? Join our Q&A | Financial Post
2 days ago · The Alberta government surprised everyone by firing the chief executive and entire board of directors at Alberta Investment Management Co. (AIMCo) last week, declaring the need for a “reset” at the $160-billion asset manager. What does this mean for the future of AIMCo, Alberta Premier Danielle Smith ‘s Alberta Pension Plan gambit and the ...
AIMCo board firing comes as fund has ‘a lot of unhappy clients ...
6 days ago · The Alberta government’s sudden decision to dismiss the entire board and CEO of the Alberta Investment Management Corp. (AIMCo) comes at a time when a number of the pension fund’s clients are “unhappy,” according to a business columnist with The Globe and Mail. “I’m not actually completely surprised by this,” Andrew Willis told ...
Alberta government fires AIMCo board citing rising costs, poor ...
Nov 7, 2024 · Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp., the Crown corporation that manages pension and...
Alberta fires entire AIMCo board, relieves CEO of duties, due to ...
Nov 7, 2024 · AIV. The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), as well as CEO Evan Siddall, saying the investment manager of pensions, government and endowment funds in the province has seen “significant” increases in operating costs and management fees in recent years “without a corresponding ...
AIMCo board fired by Alberta government | CTV News
Nov 7, 2024 · Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp., the Crown corporation that manages pension and other funds ...
Alberta Fires Pension Manager’s Entire Board Over Costs, Returns
Nov 7, 2024 · Alberta Fires Pension Manager’s Board, CEO Over Rising Costs. Staff costs have grown 71% over several years, government says. The fund’s 6.9% aggregate return lagged benchmark last year. By ...