Mercer Sentinel hires two consultants

Mercer Sentinel, the backoffice advisory arm of the Mercer group, has recruited Pushkar Thakur from the retirement, risk and finance side of the company.

In his new role Thakur will concentrate on investment operations and transition management services for Mercer Sentinel.

Before joining Mercer he worked at Macquarie Bank in the real estate investment banking business unit.

Mercer Sentinel has also recently recruited a senior consultant, Matthew Heeney, from AMP Life. He will concentrate on issues associated with custody, valuations and transitions.

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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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