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  • Chairman's Question to Guests (Supplementary) [1]

    • Question by: Nicky Gavron
    • Meeting date: 06 February 2015
    Nicky Gavron AM: Sir Edward, thank you very much for that introduction. The big headline out of this Plan is that the Mayor’s target is not high enough to meet the housing that London needs. It does not even take the target that is given in his own evidence. We have a housing crisis. Why are you content to move forward with a Plan that does not meet London’s housing need?
  • Chairman's Question to Guests (Supplementary) [3]

    • Question by: Tom Copley
    • Meeting date: 06 February 2015
    Tom Copley AM: I want to move on to talk about affordable housing. Would a London-wide percentage target for affordable housing be more effective at delivering the homes that Londoners need the most?
  • Chairman's Question to Guests (Supplementary) [8]

    • Question by: Navin Shah
    • Meeting date: 06 February 2015
    Navin Shah AM: Good morning, Sir Edward. In your introduction, you made a reference to the long-term future. Can we look at that in the context of safeguarding London’s skyline? Can you tell me, please, what policies in the altered London Plan could be used to ensure that in the short and long term we do not end up with out-of-character buildings like 1 Merchant Square popping up across London?
  • Chairman's Question to Guests (Supplementary) [11]

    • Question by: Murad Qureshi
    • Meeting date: 06 February 2015
    Murad Qureshi AM: Sir Edward, can I bring up the particular issue of subterranean basement developments? Last night I heard from residents of Bayswater that they have had 15 of these developments in the last 18 months. It has caused sinkholes, flooding and structural damage to properties. It is a problem not only in the City of Westminster but in the Royal Borough of Kensington and Chelsea, in Hammersmith and Fulham and I understand in other boroughs in north London as well. We also unanimously passed a motion in March proposing that some limits should be made on these excessive...
  • LFPA Statement of Investment Principles (Supplementary) [6]

    • Question by: Murad Qureshi
    • Meeting date: 17 January 2007
    I just wanted to go into the whole area of possible exposure to hedge funds, and what that may mean for our pension holders. Both directly and indirectly, our exposure to the derivative market is of concern to a lot of people, given how much coverage it gets in the business pages.
  • LFPA Statement of Investment Principles (Supplementary) [8]

    • Question by: Murad Qureshi
    • Meeting date: 17 January 2007
    Which mirrors much of the behaviour of the hedge funds we have got in London, because I mean London has become a centre of all that. I am just concerned whether, to the extent of our exposure, both directly and indirectly, and to what extent that limits our ability to be ethical as well.
  • Investment in Tobacco Companies and the Arms Trade (Supplementary) [1]

    • Question by: Jennette Arnold OBE
    • Meeting date: 17 January 2007
    Can I then ask what is the current investment in, specifically, tobacco? I ask this because I raised this question in September 2005 with the Mayor, and his answer then was that he was of the opinion that LPFA was looking towards developing an ethical investment policy that would take account of this type of issue. Can I just add, you talked about employment and you said it was fine, if you like, to be investing in BAE (British Aerospace) because it gave us great employment. Is it fine to stay investing in tobacco companies that kill hundreds of thousands...
  • Investment in Tobacco Companies and the Arms Trade (Supplementary) [3]

    • Question by: Jennette Arnold OBE
    • Meeting date: 17 January 2007
    Can I just say that for me the meeting started well but from that last response I am really quite disappointed. Can we go back to the answers to Mike's [Tuffrey] question? If we are talking about openness, then why do we not see something like that in this document? Where would you see this approach that you have outlined in this document? Basically, from what you have said, you have a very narrow definition of a pension fund that seeks to be socially responsible. Let me just say to you, you used the phrase, `It would be lunatic to...
  • Investment in Tobacco Companies and the Arms Trade (Supplementary) [4]

    • Question by: Jennette Arnold OBE
    • Meeting date: 17 January 2007
    How long will that stock remain with your fund?
  • Investment in Tobacco Companies and the Arms Trade (Supplementary) [5]

    • Question by: Jennette Arnold OBE
    • Meeting date: 17 January 2007
    But can you tell me the share? And can I just follow you on and say, if you are thinking long term, are you not aware that tobacco companies, themselves, are disinvesting in the poisonous weed, and are going into different stocks and different products? So, can you not say that on this issue, you, as the Chair of this body, will be working with your officers to be shifting whatever that investment that is currently within the portfolio somewhere else?