LAPF Strategic Investment Forum Presentations – Feb 9th

Local authority debt strategy and diversification in a new era: Local authorities aware of all their options for managing risk will be the best prepared to find a way through the current uncertainty, writes Fraser MacKay. As the pandemic continues,[...] dlvr.it/Rk7kNp pic.twitter.com/1UUnWX4qI8

UKMBA acts in the interests of local government: Sponsored article: The PWLB consultation raises the prospect of restrictions on council borrowing while the UKMBA remains a cheap alternative open to all local authorities, writes Christian Wall. It… dlvr.it/Rk78ZR pic.twitter.com/ThD0nL7D3N

Tracie Bingham: Shifting revenue budgets from individuals to place: Tracie Bingham explores the use of financial strategy to to move spending from individuals to place over a four-year period. I like to make things simple. Fundamentally, if a council[...] dlvr.it/Rk1js5 pic.twitter.com/cKslyWQl6S

The long view on short-dated bonds: Against a backdrop of negative real returns on cash many corporate and local government treasurers are looking for alternative solutions, writes Roy Sandilands. Short-dated corporate bonds which are relatively close[...] dlvr.it/Rk1jqC pic.twitter.com/UNaSt3cCeA

CIPFA defends ‘huge prize’ in PWLB borrowing debate: The future lending terms for local government borrowing has become a sensitive topic. Room151.co.uk brought experts together to explore the issue. The debate over councils borrowing from PWLB… dlvr.it/RjyPP7 pic.twitter.com/H2R5Em3cuF

Addressing the long-term impacts of the coronavirus: Sponsored article: Pre-pandemic fiscal performance will shape local government’s capacity to address the long-term impacts of the coronavirus, writes  Zoe Jankel. The coronavirus pandemic has had… dlvr.it/Rjvtrz pic.twitter.com/MsTA0m3Bc7

Plymouth’s interest rate swap helps tackle risk: Andrew Hardingham explains how an interest rate swap enables Plymouth to “lock into a known, fixed rate for an agreed term, while retaining the flexibility to continue borrowing at lower,[...] dlvr.it/RjvGQW pic.twitter.com/FvivBRI3Th

Richard Harbord: Without a ‘generous’ settlement the risk of section 114s looms large: Section 114 notices have been long threatened but rarely used. A continued lack of funding may change all that, argues Richard Harbord. It is difficult to remember now… dlvr.it/Rjjq1l

A five-step climate action plan for LGPS: Pension funds are adjusting their investment portfolios to incorporate climate risk. But how do you align with the Paris agreement? Karen Shakleton offers a guide. An increasing number of discussions[...] dlvr.it/RjZ9MM pic.twitter.com/H9y2NujfnO

David Green: Taking a ‘balanced view’ of borrowing: Long-term fixed rate loans may be low risk but, argues David Green, the lowest risk comes with a portfolio including a “decent proportion” of short-term borrowing. A recent Room 151[...] dlvr.it/RjQrhn pic.twitter.com/ok6qpQbmLy

Our next #LGPS production. Pension funds can register here attendee.gotowebinar.com/register/68964… #localgov pic.twitter.com/i4AiiJZEWF

Exit payment cap: Implications for the LGPS: Capping exit payments has proved a long winding road for LGPS. Kirsty Bartlett and Susan Oakley look at the implications from new proposals. To say that there have been a[...] dlvr.it/Rj6TXf pic.twitter.com/vKlj45opxR

Fascinating insights from @meganranney last night on @R4WorldTonight yesterday from about 23:15 bbc.co.uk/sounds/play/m0… into Covid-meds/Trump poss state of health.