Author: awbfinancial4

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Vestcor Corp. returns 11.76% in 2019, updates pension admin system

Staff | June 12, 2020 Vestcor Investment Management Corp. returned 11.76 per cent in 2019, with total assets under management rising to $18.5 billion, according to its 2019 annual report. The organization, which manages the investment and administration for...

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IMCO sells stake in Spanish electricity provider

Staff | June 12, 2020 The Investment Management Corp. of Ontario has sold its interest in Spanish electricity provider Viesgo to funds managed by Macquarie Infrastructure and Real Assets. Prior the sale, the IMCO and MIRA collectively owned 60...

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CLHIA names Jean-François Chalifoux new board chair

Staff | June 11, 2020 The Canadian Life and Health Insurance Association is appointing Jean-François Chalifoux, chief executive officer of SSQ Life Insurance Co. Inc., as the new chair of its board of directors. Chalifoux took on the...