Thread by @yomeeks

This is your daily pension announcement: The Pension War Room™️ has the final verdict. If ATRF had used AIMCO as the sole investment manager for the last 7 years we would have $1.3 billion dollars less in the fund. #ABLeg
teachers.ab.ca/News%20Room/at…

This is, of course, the kind of work that Travis should have done before he started writing legislation. Too much to ask apparently. I can testify to the veracity of the numbers; this method is the industry standard to control for risk and portfolio composition. #ABLeg

So, any claim that Travis makes as to saving money with AIMCO is clearly a liar, liar pants on fire situation.

And to throw further salt on the wound this analysis came from the ATRF whose Board if half appointed by the GOA. #ABLeg

We would have needed that money, so half of it would have come off your pay cheque the other half through tax dollars. Really? Travis needs better advice than he is getting from Athana. #ABLeg BTW this does not include the $2 billion market vol loss. #fail