Chief executive Evan Siddall said AIMCo, which invests on behalf of 17 pension, endowment and government fund clients inand manages more than 30 pools of capital, has up until recently been missing out on some of the investment opportunities that exist within the large, fast-growing economies of the Asian continent.
“In many of them, we just don’t have any experience. But on a risk-adjusted basis, we think we can and we should do more ,” he said.Article content The Ontario Teachers’ Pension Plan Board has had an on-the-ground presence on the continent for over a decade, and currently has offices in Singapore as well as Hong Kong and Mumbai. The Canada Pension Plan Investment Board also has offices in Mumbai and Hong Kong.have also been under scrutiny recently for their exposure to China, particularly given questions around the health of that country’s economy as well as its ongoing tensions with the West.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AIMCo opens first Asia office in Singapore, remains leery of ChinaCALGARY — Alberta Investment Management Corp. (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk. The official opening Tuesday of AIMCo's new Singapore office marks the first foray into the Asia-Pacific region for what is one of Canada's largest institutional investors, with $158 billion of assets under management as of 2022. CEO Evan Siddall said AIMCo, which invests on beh
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
AIMCo opens first Asia office in Singapore, remains leery of ChinaCALGARY — Alberta Investment Management Corp. (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk.
Source: SooToday - 🏆 8. / 85 Read more »
AIMCo opens first Asia office in Singapore, remains leery of ChinaAlberta Investment Management Corp. (AIMCo) is opening its first Asian office, but will steer well clear of China. Find out more.
Source: fpinvesting - 🏆 43. / 63 Read more »
AIMCo opens first Asia office in Singapore, remains leery of ChinaAlberta Investment Management (AIMCo) is opening its first Asian office, but the Edmonton-based fund manager says it will steer well clear of China to focus instead on markets with less geopolitical risk.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Canada's AIMCo to open its first Asia office in SingaporeBy Summer Zhen HONG KONG (Reuters) - Canadian pension fund manager Alberta Investment Management Corporation (AIMCo) said on Tuesday it was expanding ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
Canada's AIMCo to open its first Asia office in SingaporeCanadian pension fund manager Alberta Investment Management Corporation (AIMCo) said on Tuesday it was expanding into Asia and opening its first regional office in Singapore. The fund manager, which manages $158 billion in assets, invests globally on behalf of 17 pension, endowment and government funds in the Canadian province of Alberta. Kevin Bong, a former managing director at Singaporean sovereign wealth fund GIC, will head the Asia Pacific office, the fund manager said.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »