Reviews, reassurances as industry digests shorting ban

Similar refrains were echoed by a spokesperson at Macquarie Group regarding its wholesale Asia Long Short and Australian Long Short Equitised funds. AMP said the clients of its Australian Long Short Equitised fund were institutional, and had been advised the fund would be managed, albeit with some adjustments, while the ban was in place.

Dom Hamson, head of Plato Investment Management, was not anticipating much in the way of inflows over the month, but said clients (such as Russell and ING Optimix multimanager funds) had been supportive in initial discussions.

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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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