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The Pension War Room™️ notes that fresh tribute is coming to AIMCO. This guy replaces one of the execs lost in the VOLTS debacle. #ABLeg #handsoffmypension
newswire.ca/news-releases/…
I do want to correct an error in an earlier tweet. The AIMCO achieved (?) value add for the PSPP plan was -6.34%. Ouch. That was on a return of 1.64% against a passive benchmark of 7.99%. I may have overstated the performance. #AbLeg #handsoffmypension
In terms of @jkenney's strategy, he honestly truly believes that if he can only slash public sector wages he will be popular again (see: Ralph Klein). He is wrong in this assertion like so many others.#AbLeg #handsoffmypension
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