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Keyword: AIMCo

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Is B.C.’s pension governance structure a ticking time bomb?

For years, a major public sector pension governance time bomb has been hidden in plain sight. But it may be too late to alert the bomb squad; the coronavirus pandemic and climate change may have already activated a countdown that can’t be stopped. Investment management is a key component of sustainability and central to any pension governance […]

Chris Brown

The Local Authorities Pension Plan is in an interesting situation. Historically, the president of the Alberta Treasury Board and the minister of finance was the plan’s legal trustee and administrator, but in 2019, the LAPP became independent of government, with its own sponsor board and corporation, which now acts as the plan’s trustee and administrator. […]

AIMCo hires first chief investment strategy officer, Rabovsky takes Fairwater CIO role

The Alberta Investment Management Corp. is hiring Amit Prakash as its first chief investment strategy officer. “The CISO will specifically focus on ensuring that AIMCo’s investment offerings and platform are in close alignment with the evolving needs of our clients and the changing macro environment,” said the organization in a social media post. Prakash, who joined […]

  • By: Staff
  • October 9, 2020 January 19, 2021
  • 08:45
Canadian pension plans sign new investor statement on diversity and inclusion

Canadian institutional investors representing more than $2.3 trillion in assets under management have signed a new statement on diversity and inclusion. The list of signatories on the joint statement, which was coordinated by the Responsible Investment Association, includes the Alberta Investment Management Corp., Bâtirente, the British Columbia Investment Management Corp., the Caisse de dépôt et […]

  • October 1, 2020 January 19, 2021
  • 08:32

The Responsible Investment Association is creating a statement on diversity and inclusion and inviting Canadian institutional investors to sign on. The initial signatories of the statement, which is currently circulating, include the Alberta Investment Management Corp. the Caisse de dépôt et placement du Québec, the OPSEU Pension Trust and the University of Toronto Asset Management among others. The RIA said investors have […]

  • By: Staff
  • September 17, 2020 November 17, 2020
  • 08:45
130136874-123rf

The Alberta Investment Management Corp.’s board of directors has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion in losses in the wake of the coronavirus crash. While the strategy would have been expected to generate some losses in periods of market volatility, the losses were far greater […]

  • By: Staff
  • July 14, 2020 December 6, 2020
  • 09:23

The Alberta Investment Management Corp. has completed its review of a volatility trading strategy, known as VOLTS, that resulted in $2.1 billion in losses in the wake of the coronavirus crash. While the strategy would have been expected to generate some losses in periods of market volatility, the losses were far greater than expected, noted a report on […]

  • By: Staff
  • July 14, 2020 January 20, 2021
  • 08:45
Largest Canadian pensions should maintain Fitch ratings through crisis: report

Canada’s 11 largest pension funds should be able to maintain their current credit ratings through ongoing market turmoil, according to Fitch Ratings Inc. Nevertheless, return expectations are under significant pressure from the economic fallout of the coronavirus pandemic, said the ratings agency in a new report. “Fund performance will depend on asset mix, which is largely […]

  • By: Staff
  • July 10, 2020 November 12, 2020
  • 15:00
Mark Wiseman appointed board chair of AIMCo

The Alberta Investment Management Corp. is appointing Mark Wiseman as a board director and the chair of its board of directors, effective July 1, 2020. Wiseman will replace current chair Richard Bird, who will be completing his second three-year term on the AIMCo’s board. In order to ensure a smooth transition, Bird will be staying on as […]

  • By: Staff
  • June 22, 2020 November 12, 2020
  • 15:00
Institutional investors agree profits can’t be top concern for companies: survey

The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis Investment Managers, as co-chairs of its CEO council. Raby and Emond are succeeding the founding co-chairs of the council, Ron Mock, former CEO of the Ontario Teachers’ […]

  • By: Staff
  • June 16, 2020 December 6, 2020
  • 13:15