Decision details

Investment Performance Report

Decision Maker: Pension Fund Committee

Decision status: For Determination

Is Key decision?: No

Purpose:

A summary of the fund's performance up to the end of March 2024 along with Macro update and what this means for the Fund.

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.

 

Mr Rule, Chief Executive of the Local Pensions Partnership Ltd, and Ms George, Independent Investment Adviser to the Fund, updated the Committee on various matters, including the macro-economic factors that influence the investment market and the performance of the Fund over Q3 (July-September 2024).

 

Resolved: That the update on investment performance, as set out in the report presented and given at the meeting, is noted

Divisions Affected: N/A;

Contact: Junaid Laly Email: Junaid.Laly2@lancashire.gov.uk.

Report author: Junaid Laly

Date of decision: 06/12/2024

Decided at meeting: 06/12/2024 - Pension Fund Committee

Accompanying Documents: