The hedge fund industry’s retirement funds are leaving the US to buy Canadian shares

The hedge funds of the American Funds Retirement System, AmeriCorps and several other private pension funds are moving their assets to Canadian stocks to avoid a tax bill that will hit their pension plans hard.

The hedge firms are leaving because the government tax bill is projected to hit their funds hard.

AmeriCares, for example, which runs AmeriCentury Retirement, said on Tuesday it will exit the United States, where the U.S. tax bill will hit its funds hardest.

Amerifor, the hedge fund giant, announced last week that it would move its investment in Canadian securities to Canadian companies.

“The U.K. is a very attractive destination for investment in our funds,” said AmeriFirm CEO Stephen A. O’Brien in a statement.

“We have committed to reinvesting the proceeds of this investment into our funds in the United Kingdom, where our current tax laws will provide us the most favourable tax rates.”

The hedge stocks are moving out because the tax bill projected to be passed by the Trump administration would hit the fund’s funds hardest, forcing them to pay more in taxes than they were expecting.

A report by the nonpartisan Congressional Budget Office released last week said that the U,S.

federal tax bill would hit fund’s fund’s accounts at a rate of 30% on investments in high-yield bonds and 30% in U.C.V. bonds.

The tax bill, which has yet to be finalized, is expected to add more than $100 billion to the U and Canadian funds’ deficits.

It is not clear how many of AmeriBanks hedge funds will leave the U or Canada.

The Trump administration has not yet released the tax plan.

Americor has a $1.8 billion fund in the U., and AmeriCorp, which manages AmeriLife, is a $500 million fund in Canada.