Discover and read the best of Twitter Threads about #handsoffmypensions

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This is your daily pension announcement: The Pension War Room™️notes that Bert Clark from Investment Management Corporation of Ontario (IMCO) sets the truth free on Travis' wild claims. #AbLeg #handsoffmypension
theglobeandmail.com/business/artic…
Central to the Travis argument: bigger investment funds will perform better because of lower costs and better investment opportunities.

That was not true in ATRF's case because it was already "large" at $20 billion. #AbLeg #handsoffmypension @MattJonesYYC really should read this
"Specifically, CEM found that, most funds with less than US$1-billion in assets achieved negative three basis points of NVA."

So as I have said many times, if you have a sub-$1 billion fund seek amalgamation. #AbLeg
Read 10 tweets
This is your daily pension announcement. The Pension War Room™️notes that @aimcoinvests still makes the news! This is the intrepid @LeannaO who broke the story about the VOLTS losses. While the article as a whole may not be much interest to you....#AbLeg #handsoffmypension
It is a good indicator of what is going on.
I would differ in the numbers a bit. I have it at 40 layoffs, another 40 substantially altered job descriptions and at least one external manager fired.

Oh, and a trio of new (high comp) executive positions. #AbLeg #handsoffmypensions
This is not likely the end either. When a new Chief Investment Officer is hired there will be more changes.

The Twitter version of public accountability is necessary here because teachers and other plan members are in no way represented on @aimcoinvests Board. #AbLeg
Read 8 tweets

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