AIMCo Promotes MacMaster to CIO Role

Public markets investment chief Dale MacMaster will now oversee the whole of the $80 billion portfolio.

Dale MacMasterDale MacMaster, CIO, AIMCoAlberta Investment Management Corporation (AIMCo) has appointed Dale MacMaster as chief investment officer.

MacMaster takes on the role immediately, which will involve him overseeing the entirety of AIMCo’s $80 billion portfolio. He was previously executive vice president for public market investments, a role he held since 2012.

MacMaster first joined AIMCo in 1998 as a senior vice president for fixed income. Prior to this he worked at Royal and Sun Alliance, and has worked in fixed income at Richardson Greenshields, Merrill Lynch, and Royal Bank of Canada.

Kevin Uebelein, AIMCo chief executive officer, said MacMaster was “a proven successful investor who understands our clients and their unique needs”.

“Under his leadership, Dale’s teams have demonstrated consistent performance and been a source of investment thought leadership within our organization,” Uebelein added. “These changes streamline governance, and will enable us to make better, faster, and more efficient investment decisions on behalf of our clients.”

Uebelein is himself fairly new to his role, having succeeded Leo de Bever as CEO at the start of this month.

AIMCo runs money for 27 clients including pension funds and endowments.

Related Content: Leo de Bever Finishes Off and Starts Up

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