Fundies divided on SMAs

The managers:

Index
Blue Chip Top 20

Value/Income
Aviva Investors Dividend Builder
Perennial Value Shares for Income

Core/Growth
Ausbil Australian Concentrated Equity
Aviva Investors Core Opportunities
GS JBWere Core Australian Equities
Perennial Growth Shares
UBS High Alpha Long Term
Opportunity

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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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