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Councils should consider disposing of investment properties if they are unable to set aside enough reserves to cover potential losses, according to new guidance. The Chartered Institute of Public Finance[…]
An annual survey of cash managers has reported that demand for money market funds (MMFs) remains steady against a backdrop of global uncertainty that names Brexit as one of the[…]
LGPS pool Brunel Pension Partnership Limited has appointed three investment managers to run a newly-launched emerging markets sub-fund. Genesis Investment Management, Wellington Management and Investec Asset Management have been selected[…]
Some councils may see a fall in funding next year, despite a government forecast that councils’ core spending power could increase by 4.3% in real terms in 2020-21 compared with[…]
Investment manager CCLA has launched an initiative to use shareholder power to encourage companies to tackle the scourge of modern slavery. CCLA has joined with investor organisation Principles for Responsible[…]
Councils must invest in attracting top rate regeneration professionals to secure the future of their areas, delegates to a Room 151 conference have been told. At the recent Housing and[…]
The London Borough of Redbrige council has raised £75m by issuing a bond which aims to beat the PWLB certainty rate by 118bps.The issuance comes just weeks after PWLB significantly[…]
The government has confirmed that the timing of the 2020/21 local government finance settlement will be a matter for the incoming government following December’s general election. Last year, the government[…]
Councils will get advice on how to calculate whether their property investments are proportionate or not under new CIPFA guidance on property investment to be released later this month. Last[…]
The costs of closing sub-funds mean Local Government Pension Scheme pools must be extremely careful before launching them, delegates at a Room 151 pensions investment conference heard. John Harrison, an[…]
