Issue - meetings
Pooling Investments (National Picture)
Meeting: 26/11/2015 - Clwyd Pension Fund Committee (Item 22)
22 Pooling Investments (National Picture) 
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To provide Committee Members with an update on
the Government’s proposal for pooling investments for the
LGPS across England and Wales.
Decision:
That the update be received.
Minutes:
Kieran Harkin, Fund Investment Consultant – JLT Group, introduced a report to provide an update on the Government’s proposal for pooling investments for the LGPS across England and Wales. He provided background information and context and explained that any proposals brought forward by administering authorities would need to satisfy scale, savings, costs, governance and plans regarding future investment in infrastructure.
Mr. Harkin referred to the LGPS Investment Reform and Criteria Guidance and drew attention to the key considerations in the report around asset allocation across LGPS funds in England and Wales, the current position in terms of pooling, internal management of assets, and next steps.
RESOLVED:
That the update be received.