Siddall said the Singapore office opening is part of a larger push by AIMCo towards greater diversification globally. The fund manager — which invests in public and private markets, real estate and infrastructure — already has offices in Calgary, Toronto, London and Luxembourg, in addition to Edmonton, and will be opening a New York City office soon.
“We have no rule of thumb, we have no target … but it’s more than we’re doing now, and it’s a fair bit more.”Article content According to a Reuters report earlier this month, the Canada Pension Plan Investment Board has laid off at least five employees at its Hong Kong office as it steps back from deals in China.
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