Global News on MSN21h
Alberta finance minister expects AIMCo appointments this week
Alberta finance minister Nate Horner expects new AIMCo appointments will happen by the end of this week. Rumours are swirling ...
Financial Post on MSN5h
Alberta's preference for Stephen Harper was well known within AIMCo, sources say
However, sources say, a meeting between the two men did not happen. Earlier this month, Siddall was abruptly relieved of his ...
AIMCo clients face consequences of undermining Alberta asset manager
Customers have been lobbying politicians for changes in leadership. With its recent high-profile purge, the province showed ...
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 ...
Calgary Herald on MSN3dOpinion
Opinion: AIMCo’s political makeover centralizes premier's power over pensions
AIMCo’s big clients (public sector pension funds) have long been critical of investment underperformance and high costs. In ...
CBC.ca10d
After changes at AIMCo, United Conservatives now own successes and failures of fund giant
That distance between the politicians and the pension investors shrank substantially this week, when Finance Minister Nate Horner took the unprecedented step to remove the entire independent board ...
Pensions&Investments1d
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 ...
wealthprofessional.ca1d
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 ...
CBC.ca12d
Alberta government fires AIMCo board, four top executives, in 'reset' for pension fund manager
The same order-in-council appointed Finance Minister Nate Horner as the board's chair for a term to expire Sept. 30, 2025. AIMCo CEO Evan Siddall and three other top executives are also out ...
The Canadian Press on MSN11d
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, ...
Times Colonist11d
Deputy minister appointed interim CEO of AIMCo after Alberta government fires board
Alberta Finance Minister Nate Horner delivers the 2024 budget in Edmonton, Thursday, Feb. 29, 2024. THE CANADIAN PRESS/Jason Franson. EDMONTON — Longtime Alberta bureaucrat Ray Gilmour has been ...