Mass Firings at Aimco Are a Warning Shot for the Maple Model
Welcome to Bay Street Edition, our weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, ...
Financial Post on MSN1h
Alberta's preference for Stephen Harper was well known within AIMCo, sources say
Earlier this month, Siddall was abruptly relieved of his duties as CEO by Alberta Finance Minister Nate Horner while at an ...
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 ...
Global News on MSN17h
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 ...
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 ...
Calgary Herald on MSN3d
AIMCo overhaul: Board appointments next week, new heritage fund strategy in works, Smith says
Alberta Premier Danielle Smith says more clarity about the future of the Alberta Investment Management Corp. will be provided ...
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 ...
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 ...
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 ...
Pensions&Investments7d
'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 ...
The Globe and Mail4d
Alberta’s purge at AIMCo followed a clash of visions, complaints about leadership
Questions about leadership and spending decisions under chief executive officer Evan Siddall and some key lieutenants collided with a fraught and politicized relationship between AIMCo and the ...