Wednesday, September 18, 2019

Ryanair AGM

I have just arrived in Dublin to attend tomorrow’s Ryanair Annual General Meetings.

I am there on behalf of the Local Authority Pension Fund Forum which represents 80 Pension funds and 6 collective investment Pools worth £250 billion.

Should be interesting...

4 comments:

Anonymous said...

Why on earth would you invest in Ryannair? They don't treat customers well and what about Climate Change?

Anonymous said...



https://www.theguardian.com/environment/video/2019/sep/23/greta-thunberg-to-world-leaders-how-dare-you-you-have-stolen-my-dreams-and-my-childhood-video

Anonymous said...

How did you get to Dublin? via London City Airport?

John Gray said...

Newham does not have any direct holdings in Ryan air and many Council pensions funds have sold their holdings but some remain. However, many pension funds own so called trackers or passive funds since they think they do a better job than many highly paid fund managers but this means that you have to own all shares in that index. So you should be engaging with companies you own to make them better.

LAPFF did play its part in getting Ryan air to recognise trade unions.

Ryan air claims to be the most energy efficient airline in the world. We will test this claim.

Gatwick via Aer Lingus