SimCorp builds business consulting team

SimCorp Asia has expanded the team in its Sydney headquarters by four, bringing the company’s Australian headcount to 23.

SimCorp Asia has expanded the team in its Sydney headquarters by four, bringing the company’s Australian headcount to 23. The four new staff members are responsible for implementation and support, reporting to Dennis Brandt, SimCorp’s Asia’s Sydney-based operations director. They are: Lewis Krimmer, as senior business consultant, and Willy Lim, Christian Eriksen, and Alisia Chaseling, all business consultants. Krimmer has joined SimCorp from MLC, where he was senior project manager, for Wealth Management Technology Services. Prior to MLC, he held senior management roles within Macquarie Bank, CBA, AMP Capital Investors and CSC Australia. Lim has joined SimCorp from ADP Wilco, a wholly owned subsidiary of the US-based Automatic Data Processing. Eriksen has most recently spent four years at Nordea Pension Services in Denmark but spent his earlier career at Macquarie Bank and BT in Australia. Chaseling has joined SimCorp following two years with DSTi in Sydney as a business solutions consultant. She has also worked in application support and system administration for BYSIS Hedge Funds in Bermuda and DSTi in the UK.

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Canada establishes new SWF amidst global push for nation-building investment

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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