Financing4Warehouse’s Post

Key findings: • Guernsey-based funds channel significant investment into the UK economy, and currently hold UK assets worth £57 billion. • Guernsey-based funds’ capital investment into UK assets has increased by 14% per year since 2020. The value of this investment should not be understated as total Foreign Direct Investment into the UK is falling. • UK fund managers generate £2 billion of fees annually from Guernsey-based funds. This income generates additional tax revenue for the UK, as well as a social value of approximately £3-4 billion every year for the UK. • UK FTSE 100 companies may collectively save almost £100 million per year by using Guernsey captive insurance structures. • Guernsey international pensions generate approximately £30 million per year in total for UK professional services firms and investment managers. https://lnkd.in/e83BnSCx

Greengauge 21 has posted a new short report on the value of an HS2 Concession. The work draws on a comparison with the value of the concession let for HS1 (the Channel Tunnel Rail Link) in 2010. Greengauge 21 Director Jim Steer said: “Although we have dialled down the likely value of the concession from an earlier estimate, it is clear that HS2 could generate a substantial cash return to HM Treasury. But it needs to be complete and coherent. In recent years no other public sector investment has generated such a significant cash return to HM Treasury than was realised from HS1 (from London to the channel tunnel) in 2010.” The report explains why, if HS2 had been left shy of reaching Euston in central London, the value of a concession to HM Revenue & Customs would be so much smaller. Likewise, not completing the line as far as #Crewe, would limit the value of letting an HS2 Concession. #rail #hs2 #hs1 #concessions #economicgrowth #railway You can read the full article here: https://lnkd.in/eVrxeNmP

2% pa on $13 trillion plus 20% of returns greater than 8% income each year. So, more than $260 billion pa base pay plus an incentive to convince politicians to try to push the envelope. That is a big incentive for private equity asset managers to engage in organised crime, including money laundering and terrorism finance. Is that what happened at Thames Water and in the Murray Darling Basin Water Markets? And what have our senior politicians getting out of it, beyond Qantas Chairman's Lounge memberships for their kids and rides on Gina Rhinehart's yacht? ==> does the Australian Federal Police see the risks and issues for our democracy and all everyday Australians, including AFP officers and their families? Why might private equity want to convince both sides of Australian politics to overthrow the sovereignty of the Australian Constitution, in a parliamentary constitutional coup over our Section 100 water rights? Remember Henry Kissinger? Whoever controls our food supply chain controls our country. And whoever controls our mineral resources earns $500 billion pa. Whoever controls the money supply chain controls everything. Who controls everything in Australia?

Stephen Poloz - perhaps I could be helpful as I have some ideas - how about make Canada more investable? 1) Enlarge markets by effecting inter-provincial free trade 2) Enhance resource development (a total regulatory overhaul) - a huge investment opportunity 3) Back track on the capital gains tax increase fiasco 4) Sponsor inter city rail - lets get high speed or high frequency trains between key corridors 5) Super charge LNG development on both coasts (along with their supporting pipelines) To make Canada more investable will require regulatory and tax reform to make Canada more competitive and critically some big ideas to invest in.

Charles Emond had just moved into the CEO’s suite at Caisse de dépôt et placement du Québec (CDPQ) in early 2020 when the bottom fell out of, well, everything, reported The Globe and Mail. "Within days, a worldwide pandemic ended more than a decade of relative calm in financial markets, only to be followed by a destabilizing new era of inflation, high interest rates, war and deglobalization." "That Mr. Emond managed to steer the $434-billion pension fund manager through such turbulence without too many unforced errors helps explain why Quebec Premier François Legault’s government this month appointed him to a second five-year term a full year before his first five-year mandate was set to expire." "Mr. Emond’s reappointment – until 2029 – will give him more time to complete the transformational projects that he has launched within the Caisse and fix nagging problems that have dragged down its returns. Not the least of these is the train wreck at French rail giant Alstom, which counts the Caisse as its biggest shareholder, as it struggles to integrate Bombardier Transportation." "That’s not all. A major overhaul of the Caisse’s real estate portfolio is expected to yield $100-million in annual operating savings, but also lead to significant job cuts at property units Ivanhoé Cambridge and Otera Capital before the property downturn is over. And infrastructure unit CDPQ Infra faces a slew of negative press as the rollout of its signature Montreal light-rail transit project is dogged by service interruptions." https://lnkd.in/gD_Kzenk

Canadian executives are urging Canada’s finance minister to invest more heavily in Canadian companies. Here’s what they are asking for. https://bit.ly/3Vwumh8 #PensionFunds #Investments #CanadaEconomy #CanadianPensions #FinanceMinister #CanadianInvestment #GlobalInvestment #CanadianEconomy #DomesticInvestment #CrownJewels

**Calling UK, USA, EU, UAE, Australia and S African financial advisers and other professionals. ** I have now joined Hoxton Capital, who are a multi-jurisdictional adviser with regulated businesses in the UK, USA, EU, UAE, Australia and S Africa. They specialise in dealing with globally mobile people. If you have clients moving from the jurisdiction where you are regulated to or from any of those areas and can no longer deal with them, we can look after them for you, to the same professional standards. I have 39 years experience as a UK based IFA and I am a Chartered Financial Planner. Quite a few of you here know me, one way or another. I would personally oversee any advice that is given, irrespective of jurisdiction and which adviser is generating the advice. Some of you may be aware that until recently I ran a DB Pension transfer bureau and those who used the service generally reported that they were happy with the service. So hopefully you feel that you can trust me. I should also add that Hoxton are highly acquisitive and have, so far this year alone, taken over four IFA firms, They have a specialist acquisitions team who ensure that things happen as smoothly as possible. If you are a UK adviser looking to retire or just looking for a new home, Hoxton could be the place for you. Whilst this post is aimed at professional advisers, if you are an individual who has moved to a new jurisdiction and seeks a professional advice, we are obviously very happy to help you out. Just message me or use the appoinment button in my profile, if you wish to discuss either of these items further. #financialadvice #expats #UKpensions #IFAs #UK #UAE #USA #Australia #SAfrica

Forth Ports is owned by Canadian & Australian pension funds. Edinburgh Airport is owned by France's Vinci Airports & NY's Global Infrastructure Partners (in turn owned by Blackrock). Glasgow & Aberdeen airports are part of AGS Airports, owned by Australia’s Macquarie & Spain’s Ferrovial. International investors see real value in Scotland's infrastructure. Interestingly, Manchester Airport Group is owned by Manchester City Council (35.5%), IFM Global Infrastructure Fund (35.5%) and nine other Greater Manchester local authorities (29%). Such a disaster that neither Scotland nor the UK has giant (funded) public sector pension funds like other countries with hundreds of billions to invest in infrastructure and domestic shares. What genius decided that 5 of the UK's 6 giant public sector 'pension' funds should be unfunded ? UK government: 'There is no pension (investment) fund. Pensions are instead funded by contributions from current employers and employees, topped up as necessary by the Treasury' ... Did this ever make any sense ? No wonder shares on the London exchange have really struggled compared to, for example, those on US exchanges. There are no UK public sector pension bazooka buyers of UK domestic shares. Demand ? Sigh. https://lnkd.in/eZznq9TZ

In an article by James Bradshaw published in The Globe and Mail Report on Business Magazine, our President and CEO Charles Emond talks about our dual mandate: generating returns while contributing to Quebec's economy. “We want to be seen and used as sort of a signature of what we call ‘constructive capital.’ And I think it paid off, because when I look at a lot of situations, with governments or elsewhere, they remember how we actually behaved.” Read on for more on our approach to delivering on this double mandate. 

Canadian government revisits investment in the country's airports - both the pension funds and the airports to benefit? Part 1 of a 2-part report. (Subscriber report, free to read abstract). #airports #canada #pensionfunds #investment #privatisation https://lnkd.in/e8NKKs-3