AIRA seminar to probe electronic future

The Parliamentary Secretary to the Treasurer, Chris Pearce, will discuss proposed amendments to the corporations act at a Melbourne seminar hosted by the Australasian Investor Relations Association on June 1.

These amendments will mean that public companies no longer have to send a printed annual report to investors. The seminar will explore the future of investor communication in this new electronic environment. Download the seminar program @ www.aira.org.au

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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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