Decision details
Investment Panel report
Decision Maker: Pension Fund Committee
Decision status: Recommendations approved
Is Key decision?: No
Decisions:
Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act, 1972. The report contains information relating to the financial or business affairs of any particular person (including the authority holding that information). It is considered that in all circumstances of the case the public interest in maintain this exemption outweighs the public interest in disclosing the information.
The Committee considered a report from the Investment Panel in relation to the work of the Panel since the last meeting of the Committee. When considering the report the Committee's attention was drawn to a number of key areas including:
· The outcome of the US Presidential election and its implications for global markets.
· The continuing impact of the result of the EU Referendum.
· The volatility of the commodities market, particularly in relation to oil.
· Currency movements.
Resolved: That the report and the updates presented at the meeting are noted.
Report author: Abigail Leech
Date of decision: 02/12/2016
Decided at meeting: 02/12/2016 - Pension Fund Committee
Accompanying Documents:
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