Video: Case study - How Manchester Airports Group is growing retirement savings and creating community benefits
IFM’s role as a long-term equity partner in Manchester Airports Group (MAG) has been featured in a PensionsEurope video report produced in collaboration with ITN Productions Industry News as part of a series called ‘Investing in the
The report presents IFM’s long-term equity investment in MAG, alongside Manchester City Council and nine other district councils, as a case study that demonstrates how retirement savings can be invested to benefit the community while generating
IFM’s Phelim Bolger joins Manchester Airports Group CEO Charlie Cornish and co-investor Sir Richard Leese, Leader of Manchester City Council, to talk about aligned long-term visions and interests and how this has driven a focus on investing
to build a sustainable business.
The £1 billion Manchester Airport Transformation Program is a key example of this investment. The program aims to boost the customer experience and local employment opportunities. To date, more than 1800 jobs and 100 apprenticeships have
been generated, 80% of these in local businesses.
About the author
Alex Joiner, PhD
Joined in 2016
Alex Joiner is Chief Economist at IFM Investors. He is responsible for the firm’s economic, financial market and geopolitical risk analysis that is key in IFM’s investment process. In this capacity he engages with IFM’s domestic and global clients on macro-investment trends and themes. He is a frequent commentator on economic and markets via traditional and social media and regularly speaks at public forums and conferences. He has over two decades of professional experience in economic and markets and prior to joining IFM was the Chief Economist at Bank of America Merrill Lynch (Australian & New Zealand) after being a senior economist at ANZ Bank. He holds a First Class honours degree in Economics and a PhD in Econometrics from Monash University. Alex is also committee member of the Australian Business Economists.