From Sunsuper to Singapore Govt. for Bev Durston

The former deputy chief investment officer of Sunsuper, Bev Durston, has resurfaced in London as a senior investment manager for the Singaporean Government.

Durston left Sunsuper last March, following a management restructure in the investment team that is lead by David Hartley. Prior to that she was head of portfolio risk management at BT Funds Management. Durston’s new role is at the Government of Singapore Investment Corporation (GIC), as a senior manager in its External Fund Management Department. She is responsible for manager selection in the GIC’s equities products.

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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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