Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
2024 Election
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
AIMCo, Alberta
Alberta government fires AIMCo board to 'reset' pension management fund
The provincial government has removed the entire board of the Alberta Investment Management Corporation (
AIMCo
), saying its ballooning costs demand intervention. In a statement Thursday afternoon, the province announced it will "reset" the focus of the ...
Alberta fires entire AIMCo board due to 'significant' cost increases
The release did not mention Evan Siddall , the chief executive of AIMCo, but he no longer appears on the pension manager’s website.
Alberta fires AIMCo board and CEO, NDP responds
Court Ellingson, Alberta NDP shadow minister for finance, issued a statement in response, calling the move “UCP incompetence.” “In an unprecedented move, the UCP fired the entire board and the CEO, and made their own politician—not an investment expert—the sole person in charge of over $170 billion of these Albertans’ pensions,” said Ellingson.
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.
Newsroom Ready: Alberta fires AIMCo Board, citing poor performance
Alberta Finance Minister Nate Horner says the board of directors of the Crown corporation that manages pensions and other funds for the province has been sacked due to poor performance. (Nov. 07, 2024
Alberta dismisses provincial pension manager's entire board, citing low returns
Canada's main crude-producing province Alberta dismissed the Alberta Investment Management Corp's (AIMCo's) entire board on Thursday, saying the pension manager had underdelivered returns from the investments of provincial government funds it manages.
Alberta Fires Pension Manager’s Entire Board Over Costs, Returns
Alberta Investment Management Corp.’s entire board was sacked by the provincial government, which says the money manager has increased compensation and staffing but hasn’t produced acceptable returns.
Edmonton Journal
1d
'Major reset': Province sacks AIMCo board, finance minister takes over
The Alberta government has sacked all 10 board members of the Alberta Investment Management Corporation (
AIMCo
) as well as ...
Campaign Brief
8h
AiMCO inks inaugural group insurance offering for members with Maple Insurance
The Australian Influencer Marketing Council (AiMCO) has announced its first-ever group offering for its members, inking a new ...
B and T
1d
AiMCO Holds First-Ever Live Travel Event
The Australian Influencer Marketing Council (
AiMCO
) held its first-ever live travel event last week with almost 40 talent ...
The Canadian Press on MSN
7h
Alberta government fires AIMCo board, citing rising costs and poor performance
Alberta’s finance minister has sacked the board of directors of AIMCo, which manages pension and other funds for the province ...
1d
Alberta government fires AIMCo board, citing poor performance
Alberta’s government has fired the entire board of Alberta Investment Management Corp. (
AIMCo
), promising “to restore confidence” in the underperforming provincial pension fund manager. The province ...
1d
AiMCO announces first major group deal for members
The Australian Influencer Marketing Council (AiMCO) has unveiled its first-ever group offering for members – a new insurance ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Related topics
Alberta Investment Management Corporation
Nate Horner
Feedback