AIMCo Gets Caught on the Volatility Game
Posted on 04/29/2020
The hits to pensioners just keep coming. This time it’s from the United States’ neighbor to the north. Dropping the CalPERS tail risk story for now, financial media is abuzz with news that the Alberta Investment Management Corporation (AIMCo) has lost approximately C$ 4.25 billion in volatility trades gone wrong. AIMCo, like other pension giants, […]
