The Queensland Investment Corporation has completed the replenishment of its small caps team with a hire out of Investors Mutual.
Peter Moller will join QIC from mid-August as a small cap analyst, providing stock analysis and recommendations to the QIC Active Small Companies Fund. That fund has been managed by Stuart Jordan (ex-Deutsche Asset Management) since June, following the departure of QIC’s small cap portfolio manager Michael Dee to set up his own boutique. Moller is effectively a replacement for senior analyst Paul Xavier, who left to work with Dee. Prior to Investors Mutual, Moller worked at CommSec, GE Capital and PM Capital. The head of QIC’s internal Australian equities team, Simon Hudson, said Moller’s appointment made the small caps team complete.
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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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