Sam Berridge joins Perennial

Perennial Value Management Ltd., the $19 billion-asset manager, has hired Sam Berridge as a resources analyst concentrating on researching small mining companies.

Berridge is part of a Perennial Value Small Companies team and started work at the company on April 30, a statement says. He was previously a metals and mining analyst at Royal Bank of Scotland in Sydney.

The holder of a Bachelor of Science degree specialising in geology and chemistry from the University of Western Australia, Berridge worked in the mining sector in Australia and West Africa.

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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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