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...By contrast, CDFIs and credit unions managed more than $150bn in the US in 2019, according to a report by social impact investor Big Society Capital, which is also backing the fund....
...The council has since withdrawn the investment, but retains £37mn in other Altana funds, many of which Warrington simply describes as “managed accounts” with little to no detail on the underlying investments...
...The person said there were discussions about Nato becoming more involved in the Ramstein process, but no decision had been made....
...Unions reacted with outrage, while some of Macron’s left-leaning MPs have also questioned the fairness of such a move....
...“There’s ‘no money’, I know, but of course they [central government] take it away from us in local government,” he added....
...As Youngkin’s team pointed out shortly after their 2021 victory, it’s hard enough finding a single unifying way of talking about education policy at the local or state level, never mind on the national level...
...It's quite back to Tory basics demographically, isn't it, to say no, no local housebuilding near you, or less local housebuilding near you? Well, it is....
...During a time of high competition for scarce funds, heading to market ahead of its rivals didn’t serve it well. june.yoon@ft.com...
...One big deal to start: BHP has proposed a takeover of Anglo American, in a deal that would bring together two global mining giants and rank as one of the industry’s largest transactions in years....
...The hedge fund industry will have no choice but to adapt....
...The report urged the BBC to “refresh” its strategy after finding it was behind schedule with parts of it and had offered no plans to get back on track....
...What are they going to do about education? What are they going to do about the health service? How are they going to fund social care? Are they going to be able to build lots more houses? Where?...
...The FCA held a consultation earlier this year on the forthcoming regime, which will allow asset managers to apply to sell non-UK funds to local investors....
...TLcom, which seeks out early-stage companies, plans to invest chunks of up to $3mn in its second fund. The investment comes as the tech industry around the world has suffered a downturn in funding....
...The fund, which has around 1mn members, is looking to build its energy transition exposure in the UK and Europe as political uncertainty steps up around the world adding challenges to the investment environment...
...Urban wealth funds would manage those assets on a pooled but local basis....
...The Local Government Pension Scheme has more than 6mn members. If it were a single fund, it would rank among the top 10 biggest in the world, with more than £365bn of assets....
...It also recognised recent attempts by the department to evaluate the programme’s success but said it was “concerned it has no long-term plans to measure the impacts” of the funds....
...The Asphalt Industry Alliance said: “Local authorities don’t have the funds to allow them to carry out the appropriate maintenance interventions.”...
...Industry groups contend there is no need to change the current system....
...He has scaled up funding by appealing to those on the political right keen to use education to spread their views and influence. “We don’t raise money; people give it,” he says....
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...The Local Government Association welcomed a one-year extension to the housing support fund that helps people struggling to make ends meet....
...It is no surprise that those who contribute the bulk of pension savings in the US — the trade unions — are fully behind this New York State bill....
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