Tag Archives: Thames Water
US wealthy pensions are opened up to crypto and private markets
What should we in Britain make of this news from over the pond (thanks FT) The president on Thursday signed an executive order that will open up 401k retirement plans, worth an estimated $9tn, to alternative investments including cryptocurrencies, private equity and … Continue reading
“Sweet Thames flow softly” – a proposal to smooth troubled waters
Like the Thames itself, Thames Water is not going away and the long-running saga between Ofwat, championing the consumer and the Company, struggling to deliver its five year business plan continues to play out- like a railway dispute. Thames’ customers … Continue reading
Thames Pension Trustees – swimming against the tide
Frances Coppola tells the full desperate story of Thames Water’s over-financing; – well almost the full story. I will continue with a few comments of mine own , but first a precis of Frances’ epic explanation which you can … Continue reading
Why Emma Reynolds can help Thames Water and its pensioners.
So far, Government has played nicely with pension funds, allowing them to agree investment strategies that have an eye to long-term growth rather than to regress into “de-risking”. But pension funds are no longer run by well meaning amateurs but … Continue reading
Thames Water shareholders write down to zero, how did it come to this?
This week, we heard that Pension Fund OMERS, which owns 31% of Thames Water has written the value of this holding to £ zero. We expect other shareholders including the UK’s USS pension scheme which owns c 20% – to … Continue reading
Decisive action needed on Thames Water now.
Travel a mile east of Windsor and you get to Datchet, on the one side of the river are the grounds of Windsor Castle, on the side pictured is the road to Old Windsor, this picture is taken pretty … Continue reading
Time and tide; how Thames Water can be redeemed
Chris Giles has written a pretty heroic opinion piece in today’s FT There’s a free link to the article here. (if the link’s run out, email henry@agewage.com or better – get an FT subscription). Chris’s point is that for all the … Continue reading
A simple explanation of the value of Thames Water
There are lots of clever dicks valuing private assets but not many clever enough to explain complicated things in a way simple enough for me to understand. Frederic Blanc-Brude is such a clever (person). He’s written an excellent article in … Continue reading
The Thames Water Pension Schemes – two lights in the darkness
We all know the Water Works, it’s the boring investment you make that yields you steady income, especially if you have a monopoly on utilities. Except that is , when the Water Works is mortgaged. Then it yields you nothing … Continue reading
Prem Sikka – “Let Thames Water go bust”
There are many, not just on the left wing of politics, who see the ownership of Thames Water as too much of a task for its 9 shareholders. Ironically, a large proportion of these shares are owned by pension funds, … Continue reading