Why is Stephen Harper taking over Alberta’s pension fund manager?
Description
Last month, former Prime Minister Stephen Harper re-entered the headlines, after being appointed to chair the board of AIMCo, the Alberta Investment Management Corporation. His return followed mass upheaval at the company – with the Alberta government abruptly firing most of its senior leadership and board members.
AIMCo is responsible for managing hundreds of thousands of public-sector pensions, totaling more than $169 billion. What is happening at Canada’s sixth largest pension fund manager and what does it mean for these pensions?
James Bradshaw is the Globe’s institutional investing reporter. He’ll explain the shake up at AIMCo and why the separation of government from public pension funds is at stake.
Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com