Decision details

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.