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[…]
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[…]
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[…]
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[…]
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[…]
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 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[…]
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[…]
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[…]
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[…]
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[…]
How can local government ‘build back better’?: Beverley Gower-Jones looks at the options for driving small business entrepreneurship in clean technologies. Innovation is essential for local authorities to save money and reduce emissions, it is the… dlvr.it/RtT3nS pic.twitter.com/bSMB6OG70t
Helen Randall: Spelthorne report places spotlight on ‘controls’: Fresh criticism of Spelthorne Council raises the question of what “good” controls look like when negotiating a property deal. Spelthorne Council’s continuing debacle over property… dlvr.it/RtSPhy pic.twitter.com/9uCOJgBcH6
Step-out strategies: Hitting the sweet spot between liquidity and ultra-short duration: Sponsored article: Jemma Clee describes how an ultra-short duration strategy can help local authorities enhance returns. Despite the expectation of a low, and… dlvr.it/RtSPZb pic.twitter.com/pdXPpv5lcN
What role will climate change have on the pricing of government bonds?: Sponsored article: Kerry Duffain finds that “vulnerability and resilience to climate change” have a significant impact on the cost of government borrowing. Ardea Investment… dlvr.it/RtNKv7 pic.twitter.com/wDjT31x4Yt
ESGenius: Slashing emissions will fuel green growth for decades: Sponsored article: Velislava Dimitrova argues that a big enough investment could mean transition to a low, or no, carbon economy can become a reality. The world needs to slash carbon[...] dlvr.it/RtKZJp pic.twitter.com/cd8S3ijERl
Prudential code: “Not perfect, but its heart is in the right place”: The new Prudential Code offers revised rules for borrowing. Nikki Bishop is sceptical it will work while Gary Fielding offers his support. Nikki Bishop I have been asked to give[...] dlvr.it/RtKZFh pic.twitter.com/OriN28lXcb
Tremendous report from @MarkSandford3 citing @room_151 no fewer than six times (despite what the @lgcplus fact checking/counting dept might tell you) #localgov commonslibrary.parliament.uk/research-brief… 1/5
Dan Bates: Capitalisation directions are not the only tool for rebuilding finances: Dan Bates argues deep seated problems are contributing to a rush for capitalisation directions. For some time now we have been reading that a number of councils are in… dlvr.it/RspKff pic.twitter.com/xRRsgVim9u