Alberta’s desire to install Harper at AIMCo well known

Breadcrumb Trail Links Finance News Investment manager tried to arrange meeting between CEO Evan Siddall and former prime minister Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 19, 2024  •  7 minute read You can save this article by registering for free here. Or sign-in if you have an account. AimCo reached out several times to try to set up a meeting with former

Read More

Fired AIMCo chair disputes Alberta’s narrative on costs

Breadcrumb Trail Links Finance Investor News AIMCo is a low-cost manager compared to similar funds and has ‘solidly’ exceeded benchmarks over the years, says Kenneth Kroner Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 14, 2024  •  Last updated 46 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Finance

Read More

Stephen Harper’s name in mix as potential head of AIMCo

Breadcrumb Trail Links Finance Investor News Sources say Harper’s name has been in the mix for at least 10 months Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 12, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Former Prime Minister Stephen Harper is among those being considered to chair Alberta

Read More

AIMCo expansion was a source of tension with Alberta

Breadcrumb Trail Links Investor News Pension veterans say there was more going on behind the scenes than scrutiny of costs Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 08, 2024  •  Last updated 30 minutes ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Investment Management Corp. chief executive Evan Siddall

Read More

Alberta fires entire AIMCo board due to cost increases

Article content The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), saying the investment manager of pensions and other funds in the province has seen “significant” increases in operating costs and management fees in recent years “without a corresponding return on investment.” From 2019 to 2023, AIMCo’s third-party management fees have increased by 96 per cent, the number of employees increased by 29 per cent

Read More