FEAL award open for nominations

The Fund Executive of the Year nominations are now open, with the winner set to be announced at the Fund Executive Association Ltd 10th anniversary dinner in Melbourne, August 12 – prior to the annual conference.

The award, sponsored for the past seven years by AMP Capital Investors, is for a $20,000 education grant at an international business school. It was won last year by Anne-Marie Corboy, chief executive of HESTA, who is to participate in a ‘high potential leaders’ program at Wharton University in Philadelphia.

The FEAL conference, on August 13, will focus on the search for “green shoots’ in the recession. Keynote speakers include social commentator Hugh McKay and former funds manager Linda Nicholls.

The conference is the only event on the FEAL calendar which is open to all industry participants.





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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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