After three years with the Alberta Investment Management Corporation, the former BlackRock executive will leave the provincial pension fund—which manages around $168 billion in assets—at the end of the year. (The Logic)
After three years with the Alberta Investment Management Corporation, the former BlackRock executive will leave the provincial pension fund—which manages around $168 billion in assets—at the end of the year. (The Logic)
After three years with the Alberta Investment Management Corporation, the former BlackRock executive will leave the provincial pension fund—which manages around $168 billion in assets—at the end of the year. (The Logic)
Talking point: Wiseman joined AIMCo in 2020, at a time when the fund faced public backlash for its risky, volatility-linked investment strategy that led to an annual loss of $2.1 billion. Wiseman, along with AIMCo CEO Evan Siddall, sought to de-risk AIMCo’s investments and reposition its portfolio. Under Wiseman and Siddall’s direction, AIMCo posted a record-high 14.7 per cent net gain in 2021. Wiseman was formerly the head of the Canada Pension Plan Investment Board, but left that fund in 2016 in a surprise move to join BlackRock; he later stepped down from his position at the global investment giant after he failed to report a consensual relationship he had with a colleague.
Loading...
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseIf you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseYou have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.