In this episode of the Weekly Finance News Wrap, we discuss recent international investment in Australia and its influence on local fund managers amidst US tariff modifications. Saudi Arabia's Sidra Capital is investing $15 million in a Sharia-compliant fund targeting Australia's mining and energy sectors, promising an annual return of 9.75%. The fund backs Australia's industries due to the nation's strong legal frameworks and recent global supply chain shifts. Conversely, Australian fund managers are assessing the medium-term impacts of US tariff policies. While firms like Challenger and Platinum remain stable amidst market volatility, entities like GQG, Perpetual, and Magellan face market share losses and predicted outflows. However, cost reductions are set to aid a rebound for Perpetual and Insignia.