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 ...
Alberta Breaks With the Canadian Pension Model
The provincial government abruptly purged the board and senior leaders of Alberta’s pension fund, defying a long-held ...
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 ...
Danielle Smith’s remaking of AIMCo could be her most consequential act
Critics worry the appointment of Stephen Harper and other supporters establishes a system where cronyism and fossil fuel ...
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 ...
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, ...
Pensions&Investments9d
Alberta premier defends AIMCo purge to boost ‘middling’ returns
The government has considered hiring former Canadian Prime Minister Stephen Harper to lead AIMCo’s new board, people familiar ...
Institutional Investor6d
Alberta Government Appoints Former Canadian PM Stephen Harper as AIMCo Chair
The Conservative politician will be on the hook to build the Heritage Savings Trust Fund to more than C$250 billion over the ...
Alberta Taps Former Canadian PM Harper to Oversee Pension Manager
Alberta’s government named former Canadian Prime Minister Stephen Harper to lead the board of its public pension fund manager ...
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 ...
Financial Post9d
Alberta's preference for Stephen Harper was well known within AIMCo, sources say
Evan Siddall. However, sources say, a meeting between the two men did not happen. Earlier this month, Siddall was abruptly relieved of his duties as CEO by Alberta Finance Minister Nate Horner while ...