Gender Male
I am an experienced investor and sometime 80s entrepreneur who narrowly avoided bankruptcy . Now I am project managing the funding of a start up new pension fund in Australia..which has today US$1.5trillion in funds which are growing at US$80bn per annum because all employers are required by law to contribute 9.25% of every employee's salary
to a government authorised pension plan.
the funds management industry in Australia has pocketed US$15bn in fees since commencement of this obligatory employee contribution scheme in 1992 .
THAT Super will revolutionise the industry by crowdsourcing the investment decision process.
We want US$1.5million for 50% share of revenues.
