Investment Panel Report
Decision Maker: Pension Fund Committee
Decision status: For Determination
Is Key decision?: No
An update from the Investment Panel
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 Fund, presented a report on the performance of global markets/economies and factors which influenced the investment market in which the Fund operated such as the recent US election, the ongoing Covid-19 pandemic and development of associated vaccines and the approaching end of the Brexit transition period with the EU.
Resolved: That the update on the performance of global markets/economies, as set out in the report presented, is noted
Report author: Paul Dobson
Date of decision: 27/11/2020
Decided at meeting: 27/11/2020 - Pension Fund Committee