Aviva Investors is welcoming a client solutions director in a freshly-minted role, as it expands the investor base for its $862 million Australian institutional business.

Sunsuper has added a former AustralianSuper group executive with marketing expertise to its board at a time as the $56 billion industry fund continues its merger spree.

An Australian fintech founded by former QIC executives is adding the past chief executive of PIMCO to its board.

The Canadian central bank lifted its key overnight interest rate by 25 basis points on July 11 to 1.25% - the highest level since 2008 and the second hike this year - despite judging that "trade uncertainty on Canadian investment and exports" would now have a larger impact.