Investment Panel report
Decision Maker: Pension Fund Committee
Decision status: Recommendations Approved
Is Key decision?: No
A report on the recent work undertaken by the
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.
Ms Devitt, Independent Adviser to the Committee, presented a report on the performance of global markets/economies and factors which influenced the investment market in which the Lancashire County Pension Fund operated.
With regard to the current Covid-19 outbreak it was noted that whilst some private businesses had been impacted the Fund continued to outperform benchmarks and maintained a robust position.
Resolved: That the report is noted.
Report author: Paul Dobson
Date of decision: 06/03/2020
Decided at meeting: 06/03/2020 - Pension Fund Committee