ISSUE 504, OCTOBER 2012
*SPECIAL FOCUS ON PENSION FUNDS AND REGENERATION*
IN FOCUS: CAN COUNCIL PENSIONS FUND REGENERATION?
A housing scheme in Manchester is the latest development to fuel debate over the use of council pension schemes to invest in local projects. Austin Macauley assesses whether it’s likely to open the floodgates
LEARNING FROM EUROPE… MUNICIPAL BONDS
Sweden and Finland are proof that access to finance becomes a lot easier when you have an agency which sells local government as a great investment opportunity. Austin Macauley assesses whether it’s what UK councils need to kick-start local
LOCAL WORK: HOW TO… SET UP A LOCAL BANK
A new bank backed by a council pension fund is supporting the local economy by lending to small businesses cast aside by big banks. Austin Macauley reports
THE LEGAL CASE FOR INVESTING COUNCIL PENSION FUNDS
Council pension schemes planning to invest in local projects must tread carefully or risk falling foul of the law, as Andrew Uprichard explains