Decision details

Investment Update 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 December 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 Mr Crum, Independent Investment Adviser to the Fund, updated the Committee on the macro-economic factors that influence the investment market and the performance of the Fund over Q4 (October – December 2024).

 

Resolved: The Committee noted the update on investment matters set out in the report presented, including investment themes, the macro-economic outlook and Q4 performance of the Fund.

Corporate Priorities : Thinking differently;

Divisions Affected: N/A;

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

Report author: Junaid Laly

Date of decision: 07/03/2025

Decided at meeting: 07/03/2025 - Pension Fund Committee

Accompanying Documents: