Decision details

Lancashire County Pension Fund Performance Overview - March 2019

Decision Maker: Pension Fund Committee

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

An update on the investment performance of the Fund

Decisions:

Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972. It was considered that in all the circumstances of the case the public interest in maintaining the exemption outweighed the public interest in disclosing the information.

 

Mr Lambert, Independent Adviser to the Committee, presented a report on the performance of the Lancashire County Pension Fund and highlighted key areas such as the total portfolio return over different periods and the current funding level. The Committee noted that the Fund continued to perform well and exceed internal/external benchmarks whilst maintaining low risk.

 

Resolved:

 

1.  That the summary of the Fund's performance up to the 31st March 2019, as set out in Appendix 'A' to the report presented is noted.

 

2.  That a report be presented to the next Committee on the detailed analysis by the Investment Panel of the cash flow within the Lancashire County Pension Fund.

 

Report author: Paul Dobson

Date of decision: 21/06/2019

Decided at meeting: 21/06/2019 - Pension Fund Committee

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