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...More than 23,000 homes have already started construction and expenditure is on track.”...
...the audits of around 1,000 sets of accounts being late due to widespread and national auditing issues across local government”....
...real terms, compared to 2010-11, according to the Local Government Association....
...And the AFL-CIO sided with management at Norfolk Southern railway to fend off Ancora, an activist investor seeking board seats....
...The Sacramento-based pension fund on Tuesday said it picked Stephen Gilmore, a former chief investment officer of the New Zealand Superannuation Fund, as the new CIO of the largest US public pension fund...
...The local authority north-west of Birmingham is among the most hotly contested in the local elections, with all 72 seats up for grabs....
...Urban wealth funds would manage those assets on a pooled but local basis....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...And that money will flow ultimately to local television. And we are extremely confident of that,” he added....
...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....
.... ©2024 Nikkei Inc. All rights reserved....
...Autonomous vehicles would be “great for Uber” and lower prices for consumers, said Khosrowshahi, adding that Uber was “looking to partner with the AV industry”....
...In a letter to the board on Wednesday, Paul Singer’s aggressive hedge fund said Phillips 66’s returns had lagged behind peers Valero and Marathon Petroleum and called for the installation of two “highly...
...But for many others, to be truly local requires more than just nearby amenities. “Being local in my head is the local economy,” says Pavon....
...Nats — a public-private partnership owned by a group of airlines, including British Airways and easyJet, pension funds and the UK government — said engineers had been on site throughout the disruption, but...
...The local authority’s section 114 notice came after a near £100mn overspend on a new software operating system and after council officers had adjusted their estimate of a historic equal pay liability from...
...Group operating profit rose fourfold, to €170mn, in its second quarter compared with a year previously, and the company raised its full-year revenue growth forecast from 3-7 per cent to 10-12 per cent....
...“We all as an industry want to be seen to be investing more in quality control and what is coming off the line,” Ryanair chief executive Michael O’Leary said on Tuesday....
...Consultants are aware of local criticism....
...More endowment trustees and CIOs should do the same....
...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...
...Vanguard itself employs OCIOs such as Wellington to manage some of its mutual funds....
...Christopher Ailman, CIO of the $327bn Calstrs retirement fund, the second-largest public pension plan in the US, insists that engagement — or trying to influence companies to change their practices by remaining...
...In the meantime, most local asset managers, including industry heavyweights once critical of their western peers, have suffered heavily from the market meltdown....
...“Particular concerns relate to the BBC moving budgets from its local radio to local online services . . . in effect reducing services for older people or those less able to access online platforms.”...
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