Decision details

Investment Panel Report

Decision Maker: Pension Fund Committee

Decision status: For Determination

Is Key decision?: No

Purpose:

An update on the performance of global markets/economies and on matters considered by the Investment Panel of the Lancashire County Pension Fund since the last 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 a report on the performance of global markets/economies and factors which influenced the investment market in which the Fund operated such as Brexit, the US elections and the ongoing Covid-19 pandemic.

 

The Committee was also presented with the Minutes from the Panel in August which had focussed on the formulation of recommendations associated with the investment strategy review as reported in the next item on the agenda.

 

Resolved: That the report is noted.

 

Divisions Affected: None;

Contact: Mike Neville Email: mike.neville@lancashire.gov.uk Tel: (01772) 533431.

Report author: Mike Neville

Date of decision: 18/09/2020

Decided at meeting: 18/09/2020 - Pension Fund Committee

Accompanying Documents: