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U.K. names institutional investors to foreign-investment advisory board Bloomberg
The U.K. government created an investment council, including representatives from sovereign wealth funds and pension funds, to advise on how to improve and enhance the U.K. s business environment for foreign investors.
Other members of advisory board represent the technology, energy and infrastructure sectors.
Led by Minister for Investment Gerry Grimstone, the council will meet twice a year and on an ad hoc basis to give the Department for International Trade and the wider government high-level strategic advice.
Board members will share their experiences of the U.K. market and views on the U.K. s competitiveness. They will also advise on policy and regulatory changes that could improve the U.K. s attractiveness as a destination for foreign investment.
7.3%
7%
Source: The Alberta Investment Management Corp.
“When the pandemic hit, they were in the process of scaling up the online part of the business and the pandemic was an opportunity to accelerate it. They saw their online business explode. Now they’re online and offline is slowly coming back. They’re able to overcome difficult situations and bring value to customers.”
And Ehrmann says that while China will likely have the best year out of the emerging markets, there’s considerable potential in countries like Brazil and India. “Given that they fell sharply and their economies were curtailed and continue to be damaged by the pandemic, it’s hard to predict exactly when things will turn. But there’s been a move toward normalcy. I expect as the year progresses, some of these larger and strongly performing economies will catch the eye [of institutional investors].”
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