Alberta government fires AIMCo board, four top executives, in …
6 days ago · In Friday's news release, the government said AIMCo's third-party management fees increased 96 per cent between 2019 and 2023. In the same period, the number of employees increased 29 per cent ...
Justification for Alberta’s Ousting of AIMCo’s Board and CEO …
21 hours ago · The management company’s latest annual report shows that AIMCo’s two-, three-, four-, and five-year annualized net returns all outperformed their benchmarks — returning 1.6 percent, 5.8 ...
Q&A: Readers questions answered about Alberta government's shock AIMCo ...
LIVE TODAY: Ask us your questions about Alberta government's shock AIMCo firings. The Alberta government surprised everyone last week by firing the CEO and entire board of directors of AIMCo last ...
'Unprecedented,' ‘earth-shaking' board upheaval at Alberta …
2 days ago · For context, Ambachtsheer noted that AIMCo had suffered significant investment losses in 2020, and that this had led to reconstituting its board and senior management team over the 2021-2023 period.
After changes at AIMCo, United Conservatives now own successes …
5 days ago · Unmentioned in that news release is that, thanks in part to the shift of teachers' pension funds to AIMCo's portfolio, the agency's total managed assets rose over that stretch to $166 billion from ...
Aimco Reports Third Quarter Results, Updates 2024 Guidance, and ...
11/07/2024 DENVER, Nov. 7, 2024 /PRNewswire/ — Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) announced today third quarter results for 2024, updated 2024 guidance, and provided highlights on recent and planned activities. Financial Results and Highlights CEO Commentary Wes Powell, Aimco President and Chief Executive Officer, comments: “Aimco continues its efforts to ...
Alberta names senior bureaucrat to lead AIMCo after ousting …
5 days ago · AIMCo’s costs have risen, sharply by some measures. Salary, wage and benefit costs rose 71 per cent to $222-million from 2019 to 2023, as the number of employees climbed from 465 to 600 ...
Alberta government fires AIMCo board citing rising costs, poor ...
6 days ago · AIMCo, in its latest annual report, said it had $161 billion of assets under management as of the end of last year, with 600 employees spread across offices in Edmonton, Calgary, Toronto ...
Alberta dismisses provincial pension manager's entire board, …
6 days ago · From 2019 to 2023, AIMCo's total fund return averaged 7.62% annually, while during that period its third-party management fees increased by 96%, employees increased by 29% and salary wage and ...
Alberta Fires Pension Manager’s Entire Board Over Costs, Returns
6 days ago · Aimco managed about C$161 billion ($116 billion) of public pension and other government money as of the end of 2023. ... News. Markets Economics Technology Politics Green Crypto AI.
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