Don Luke, the chief executive of Queensland multi-employer fund Sunsuper, has not resigned from the fund, as was incorrectly reported in last week’s I&T News, in a report on generational change among super funds. We apologise for the error.
19/04/2006
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Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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