MercoPress. South Atlantic News Agency
Falklands' government portfolio investments total over £ 160 million
Two managers from Newton Investment Management gave a presentation to the Falkland Islands elected government Standing Finance Committee (SFC) and members of the public on Wednesday on the Government’s investment portfolio. Read full article
Comments
Disclaimer & comment rulesTo them Kelpers...
Feb 12th, 2017 - 11:04 pm - Link - Report abuse -7I have, during the years..., amply proven that your best interests mean something to me...
Big was my surprise to read that your elected leaders have placed THE FULL MONTY of your contingency fund under the administration of just ONE American Investment Bank...!
Ever heard of LEHMAN BROTHERS...?
Always wise to remember that one about them eggs and them baskets..., lads & lasses...
Splash out on free WI FI for everyone...give a little back...
Feb 12th, 2017 - 11:23 pm - Link - Report abuse -6Yeahhhh....
Feb 12th, 2017 - 11:52 pm - Link - Report abuse -4And switch all Island production to biodynamic standards...
And fund a Whisky distillery...
And legalize weed ;-)
No-one says there is only one fund manager. If you read the minutes of the meeting, you'll find reports from other fund managers were discussed recently. Not everything is reported in Penguin News...
Feb 13th, 2017 - 12:58 am - Link - Report abuse +6Mr. Womble
Feb 13th, 2017 - 01:07 am - Link - Report abuse -6Article is clear enough...
All £160 million are administered by BNY Mellon's subsidiary...
Are you telling me there are other monies managed by other actors...?
Think/voice is all over this
Feb 13th, 2017 - 06:22 am - Link - Report abuse +4@Kanye - empty vessels make the most noise, eh?
Feb 13th, 2017 - 08:59 am - Link - Report abuse +1Hissing Sid and his parrot… angst and envy on display
Feb 13th, 2017 - 09:10 am - Link - Report abuse +4Oh dear Think. Read the article again carefully. The company manages 5 funds totalling over 160 million. It doesn't say the company manages the Government's total investment of 160 million.
Feb 13th, 2017 - 09:53 am - Link - Report abuse +3I do like your idea about wifi though.
Wooooow.... Mr. “Richie Rich” Bloggs...
Feb 13th, 2017 - 10:56 am - Link - Report abuse -2You have always been against my ideas for them Islands..
Double Vs Single constituency & FIPASS Vs Port William come to mind...
What happened..? Don't you have SURE shares..? Tired of paying “Platinum” prices for shiat..?
PS...:
Just to avoid suspicacies...
The “original” idea of “ Free WiFi for them squatters” is indeed mine...
I have vented it in here a couple of times in the past and evidently Mr. Voice..., being the sensible person he is..., sees the logic of it...
Jo Bloggs
Feb 13th, 2017 - 03:03 pm - Link - Report abuse -2It was Mr. Think that mentioned that first, but if y'all think it's a good idea, start a petition and submit it to the FIG for consideration...
Should be a must for small communities with surplus cash...lead the way...
Shouldn't Think be tending to those neglected graves?
Feb 13th, 2017 - 06:54 pm - Link - Report abuse +3Another fund manager is Sarasins. FIG's assets are greater than £160, so to say “All £160 million are administered by....” is wrong on several levels. How many other countries in the world have such a positive surplus in the bank?
Feb 13th, 2017 - 07:16 pm - Link - Report abuse +3If a population of 3000 people can manage their money so they have investments of £160, 000, 000, if Argentina have been taking advice from the Islanders and investing their money, with a population of 40 000 000, Argentina must be well loaded. Only I've heard they actually owe a lot of money..................
Feb 13th, 2017 - 09:25 pm - Link - Report abuse +2Mr. Womble..., Mr. Bloggs... and any other Kelper reading...
Feb 13th, 2017 - 09:35 pm - Link - Report abuse -2Just pointing your attention at them “Emperors Clothes”...
Not need to thank me. Just open your eyes..., lads...
You may soon need that “Sovereign Contingency Fund”...
(Wonder if that “Sovereign” is a referece to HM Lizzy ownership...? ;-)
“How many other countries in the world have such a positive surplus in the bank?”
Feb 13th, 2017 - 10:48 pm - Link - Report abuse 0Not Britain for a start. We must need advice from the Falklanders even more than Argentina does, since the UK national debt is over £1,800,000,000,000.
£1,817,969,000,000 to be more precise...
Feb 13th, 2017 - 10:59 pm - Link - Report abuse -2http://www.nationaldebtclock.co.uk
Yeah, that's where I got it from. But when it's that big a number it doesn't really matter what the exact value is. The £50,000 owed per taxpayer is much easier to understand.
Feb 13th, 2017 - 11:51 pm - Link - Report abuse +1The national debt is even older than the country and has never been paid off. We're still paying interest on loans from the 18th century. It's crazy!
£ 1,818,319,000,000 just now
Feb 14th, 2017 - 05:34 pm - Link - Report abuse 0+£ 350,000,000 just 18 hours later!
http://www.nationaldebtclock.co.uk
That's crazy indeed!
£1,818,681,000,000 now. It's impossible to really comprehend a number that big...
Feb 15th, 2017 - 01:22 pm - Link - Report abuse 0There's some for different countries here, it has Brazil but Argentina is not included: http://www.nationaldebtclocks.org/
England will return the Malvinas within 25 years.
Feb 16th, 2017 - 10:50 pm - Link - Report abuse -1Commenting for this story is now closed.
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