Abbott talks about Gillard, Rudd & Obama

Australian opposition leader Tony Abbott talks about the relationship between Prime Minister Julia Gillard and foreign minister Kevin Rudd as well as the visit to Australia by U.S. President Barack Obama.

 

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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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