Funds urged to change bond benchmark

“I’m not sure exactly where the demand will come from for inflation-linked securities,” he said.

However the head of PIMCO Australia, John Wilson, predicted there would “always be a buyer” for Treasury-issued linkers as investors adopted a more risk-averse mindset.  

 

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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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