Pensions
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.
Tag: AIMCo
Pensions
Climate Advocacy Group Rates Canada’s Largest Pensions
From CDPQ’s B+ all the way down to AIMCo’s F, Shift graded Canadian pension funds on their decarbonization efforts—or lack thereof.
Pensions
AIMCo Political Takeover Flies in Face of Canadian Model
The Alberta Investment Management Co.’s costs were in line with other Canadian funds, but governance issues pose risks, pension experts say.
Pensions
Alberta Government Fires AIMCo Board, CEO
Concerns over costs led the provincial leadership to clean house and appoint Ray Gilmour as interim CEO.
Newsmakers
AIMCo Promotes 2 Executives to Replace Outgoing CIO
Marlene Puffer will depart as CIO of the C$168.9 billion Alberta pension fund.
Pensions
AIMCo Achieved 8% Balanced Fund Return in 2023
Equities and private debt boosted fund returns, while real estate lagged.
Manager Selection
Alberta Investment Management Names Marlene Puffer CIO
Puffer will oversee public and private investments for $110 billion Canadian investment manager.
Despite Headwinds, Institutions See Opportunities
Private market returns have come down off the highs, but institutional investors are keeping the faith.
Why Airports Hold Promise for Asset Allocators
Despite US constraints and pandemic headwinds, odds are they’ll spring back to their old growth level, analysts say.
One Big Reason Canadian Plans Are So Well Off: International Investing
Their overseas exposure is expanding, while US funds stay mostly at home.
Market Moves
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Europe’s Venture Capital Finally Flowers, Luring Institutional Investors
Why big allocators on this side of the Atlantic, like CalSTRS, CPPIB, and OMERS, are seeding Old World newbie companies.
Asset Management Culture
Canadian Pension CEOs Call for Increased ESG Disclosure
The eight funds, which represent $1.23 trillion in assets, said it is ‘vital’ that companies report standardized ESG data.
Asset Management Culture
CPPIB Ex-Chief Mark Wiseman Named AIMCo Board Chair
The industry head joins the Alberta investment manager just as the province is considering seceding from the national plan.