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Sovereign Wealth Funds Briefing - Categorized | Performance

Alberta Heritage Fund recoups $700mln from losses

Posted on 02 July 2009

From Calgaryherald.com: After chalking up a record $3-billion loss that dragged Alberta into deficit for the first time in 15 years, the province’s Heritage Savings Trust Fund has gained back some ground in the past three months.

Treasury board president Lloyd Snelgrove said Tuesday the fund’s value is about $14.7 billion, a $700-million increase since March 30, the end of the province’s fiscal year………Full Article: Source


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