Aon master trust appoints head of product

Aon Consulting has appointed Peter Lewis as head of product for its $1.6 billion master trust.

Lewis has over 20 years experience in superannuation, having held senior positions at ANZ, MLC and most recently AMP, where he was national manager of strategic products. Lewis replaces Jenny Ward who has departed after two and a half years. Head of employee benefit solutions at Aon, Steve Gaffney, said Lewis’ understanding of the needs of superannuation clients and the industry would be a huge asset to the Aon Master Trust.

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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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