Decision details
Investment Panel Report
Decision Maker: Pension Fund Committee
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
An update of the work of the Investment Panel
since the last committee meeting
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.
Ms Devitt, Independent Adviser to the Committee, presented her report on various macro-economic factors and how they influenced the investment market in which the Lancashire County Pension Fund operated. She also referred to a discussion earlier in the meeting on social value and highlighted that impact assessments of investments ensured positive impacts in relation to environmental, social and governance criteria.
The Head of Fund also updated the Committee on discussions which had taken place at the Investment Panel in relation to cash flow and the future reporting of risk management.
Resolved: That the report from the Investment Panel is noted.
Divisions Affected: None;
Contact: Paul Dobson Email: paul.dobson@lancashire.gov.uk.
Report author: Paul Dobson
Date of decision: 21/06/2019
Decided at meeting: 21/06/2019 - Pension Fund Committee
Accompanying Documents:
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