BNP Paribas Securities Services (BNP PSS) has filled the co-head of operations vacancy created by Gordon Mackellar’s recent move to run operations at the Future Fund.
Darren Booth, who previously ran operations and IT at IOOF Investment Management, joined BNP PSS on April 16. He will work alongside Sue Jorgensen and report to Asia-Pacific managing director, Jean-Marc Pasquet.
08/05/2007
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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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