Court told of ‘conflicted’ directors at MTAA Super

Rickus is seeking indemnification for the original proceedings, which saw MTAA Super’s arguments that he be made to relinquish the documents since he allegedly was, when the documents were produced, a fiduciary or agent of the fund, dismissed by the Federal Court.

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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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