QIC GRE: Carter out, Leigh in

a US retail mall platform for QIC,” he says.

QIC is also looking at other products associated with its property offerings.

“We have got a pretty significant product-development process underway. It would be premature to talk about any specific products at the moment, but we do see opportunities outside of what we currently do,” McTaggart says.

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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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