The former interim chair of Alberta Investment Management Corp. has written a letter to the Alberta cabinet minister who ...
Government cites rising costs and poor returns for the leadership purge, but Keith Ambachtsheer disputes this.
In the interim, Nate Horner, Alberta’s president of treasury board and minister of finance, was appointed the sole director ...
Given that the future of $169-billion of Albertans’ pension and endowment savings are at stake, the province’s attack on ...
The Alberta government on Thursday dismissed the $169-billion public pension fund’s 11-person board, its CEO and three ...
Calgary Herald on MSN2d
Q&A: Readers questions answered about Alberta government's shock AIMCo firingsCalgary Herald business columnist Chris Varcoe and Financial Post journalist Barbara Shecter have been following the story ...
The Canadian Press on MSN4d
Deputy minister appointed interim CEO of AIMCo after Alberta government fires boardLongtime Alberta bureaucrat Ray Gilmour has been appointed interim leader of the Alberta Investment Management Corporation, ...
The province says the move comes "after years of AIMCo consistently failing to meet its mandated benchmark returns." For now, ...
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 ...
The provincial government of Alberta, Canada, has terminated the entire board of the C$168.9 billion ($124.5 billion) Alberta ...
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.
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