Skip to Content
Home>
Resident > Council and Democracy > Decision details

Decision details

Funding and Flight Path update

Decision Maker: Clwyd Pension Fund Committee - currently one vacancy for Denbighsire County Council

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

RESOLVED:

(a)  The updated funding position (currently on assumptions consistent with the 2016 valuation) and hedging position for the Fund and the progress being made on the various elements of the Risk Management Framework was noted.

(b)  The impact of the equity protection strategy was noted.

(c)  The Committee noted that any currency risk associated with the market value of the synthetic equity portfolio with the Flightpath strategy is hedged, and a further hedge has been placed on the Fund’s developed market physical equity holding.

 

Report author: Janet Kelly

Publication date: 03/03/2020

Date of decision: 28/11/2019

Decided at meeting: 28/11/2019 - Clwyd Pension Fund Committee - currently one vacancy for Denbighsire County Council

Accompanying Documents:

 

Related Pages

Useful Websites

Useful Documents