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This is your daily pension announcement! AIMCO performance under the microscope at the Heritage Fund meeting. I still don't have the report....apparently mere taxpayers don't deserve such things..... #ABLeg #handsoffmypension
First the good news: Amit, the new investment strategy exec was presenting. Because he was trotted out publicly (in place of both the CEO and CIO) it is unlikely he will be fired in the coming shakeup. #AbLeg #handsoffmypension
Then the bad: 5-year value add was -0.6%, the target was +1.0%. With a negative five-year value add no investment bonuses should be paid. #ABLeg #nobonusforyou
You could have done better with an index fund.
You could have done better with an index fund.
