Issue - meetings
Economic and Market Update
Meeting: 22/03/2016 - Clwyd Pension Fund Committee (Item 43)
43 Economic and Market Update 
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To provide Committee Members with an economic
and market update.
Additional documents:
Decision:
That the update be noted.
Minutes:
Mr Harkin, Fund Investment Consultant – JLT Group, presented a report to provide an economic and market update for the period ending 31 December 2015. He reported on market performance and volatility and referred to the key issues which were highlighted in the report concerning lower economic growth than forecast, the slowdown in China, and the continued slump in the price of oil. Mr Harkin advised that despite the uncertain outlook markets had rallied strongly over the quarter with good returns across many Growth assets. Returns from UK Government Bonds had been negative during the quarter due to a rise in yields.
RESOLVED:
That the update be noted.