GameStop: A lesson for LGPS in the risks of short selling
Day traders coordinating their efforts through the social media platform Reddit have not only boosted the stock of US GameStop, but also badly hurt hedge funds engaged in huge bets[…]
Author: Editor
Treasurers back multi-asset funds and property but pessimistic about yields
Treasurers expect to see their investments in multi-asset funds and property funds increase during 2021 against a backdrop of pessimism about the yield that can be achieved on council assets[…]
MBA develops ESG bond framework
Room151’s LATIF event saw news that the Municipal Bonds Agency is working on a plan that will allow local authorities to issue ESG bonds. “Music to my ears.” Those were[…]
Speakers revealed for 12th annual LATIF and FDs’ Summit
Sir Bob Kerslake, former head of the UK’s home civil service, is among the key speakers headlining this year’s Room151 FDs’ Summit. The Summit takes place alongside Room151’s Local Authority[…]
Nikki Bishop Interview: ‘Burden sharing’ scheme raises investment income concern
Excluding investment income from the government’s “burden sharing” scheme, put in place to aid local authorities through the Covid-19 pandemic, will hit councils engaged in long-term regeneration projects, a senior[…]
Sponsored Q&A: Funding Circle’s Sachin Patel on investing in SME loans
Sponsored Q&A: Funding Circle is the leading SME loans platform in the UK, US, Germany and the Netherlands, with over £8bn lent through the platform to 77,000 businesses. With mandates[…]
Top government official confirmed for northern treasury summit
A top government local finance official has been lined up to update the sector on treasury and capital policy at next March’s Room 151 Northern Local Government Treasurers Investment Forum[…]
Conference chairs, ‘tree-hugging’ and overcharging pension investors
I have a story about two LGPS conferences, two conference chairs and an industry that appears to be changing for the better. I know, sounds like a real doozy, but[…]
Brunel launches emerging markets sub-fund
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[…]
CIPFA property guidance set to provide proportionality advice
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[…]
