Decision details

Pooling Investments in Wales

Decision Maker: Clwyd Pension Fund Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

(a)  That the Committee noted the report and discuss progress being made by the Wales Pension Partnership.

 

(b)  The Committee agreed that the WPP can participate in Stock Lending following a vote where five out of seven members agreed with the recommendation.  It was further resolved that the concerns of the Committee are fed back to the WPP with the requirement that the stock lending should be closely monitored. 

 

(c)  The Committee discussed the informal consultation response and delegated agreed changes to be made by the Clwyd Pension Fund Manager.

 

Report author: Janet Kelly

Publication date: 01/10/2019

Date of decision: 20/02/2019

Decided at meeting: 20/02/2019 - Clwyd Pension Fund Committee

Accompanying Documents: