Public Knowledge – making news this month…

InTech appointed former Rothschild Australia Asset Management exec director, Daryl Hawkey, as a non-exec director, while van Eyk tapped former Russell head of insto business Steve Roberts for its board.

Former hedge fund manager Geoff Weir was appointed managing director of the Australian Financial Centre Forum , a join government/financial services industry initiative to position the country as a regional financial hub. Chaired by Macquarie Infrastructure chair Mark Johnson, the Forum will help spruik reforms such as the withholding tax reduction from 30 to 7.5 per cent, and the reduction of complexity and compliance costs around the Division 6C managed fund tax regime.

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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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