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 ...
Calgary Herald on MSN1d
Q&A: Readers questions answered about Alberta government's shock AIMCo firings
Calgary Herald business columnist Chris Varcoe and Financial Post journalist Barbara Shecter have been following the story ...
Calgary Herald6d
AIMCo upheaval resurrects questions over future of proposed Alberta pension plan
The Alberta government on Thursday dismissed the $169-billion public pension fund’s 11-person board, its CEO and three ...
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.
The Canadian Press on MSN3d
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, ...
Pensions&Investments3d
'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 ...
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, ...
Former Canadian Prime Minister Stephen Harper eyed as AIMCo chair
Finance Minister Nate Horner is temporarily acting as AIMCo’s chairman and sole director, and long-serving bureaucrat Ray ...
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 ...
Financial Post on MSN6d
AIMCo expansion, Alberta's investment focus were sources of tension before purge, sources say
The shakeup at AIMCo comes as Alberta Premier Danielle Smith prepares to unveil her government’s plan to boost the size of ...
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 consistent failure to meet mandated benchmark returns.