AUI insto push sparks hiring spree

In August, AUI merged with Adelaide-based Lifeplan Funds Management, combining its investment bonds capability with AUI’s $500 million bond portfolio to create a $2 billion investment bonds business.

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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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