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.

Mr Lambert, Independent Adviser to the Committee, presented a report on the performance of the Fund up to December 2019 and highlighted a number of key areas including the total portfolio return over different periods, the performance of individual asset classes and the current funding level. The Committee noted that performance of the Fund's investments continued to outperform both the internal and actuarial benchmarks.

Resolved: That the performance of the Fund, as set out in the report presented, is noted.