Issue - meetings
Investment Strategy and Manager Summary
Meeting: 22/03/2016 - Clwyd Pension Fund Committee (Item 44)
44 Investment Strategy and Manager Summary 
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To update Committee Members on the performance
of the Fund’s investment strategy and Fund Managers
Additional documents:
Decision:
That the report be noted.
Minutes:
Mr Harkin, Fund Investment Consultant – JLT Group, presented a report to provide an update on the performance of the Fund’s investment strategy and performance of the Fund’s investment managers for the quarter ending 31 December 2015.
Mr Harkin reported on market performance and volatility and advised that the Fund had enjoyed a strong quarter as a result of growth in a number of asset markets. He commented on the key considerations as detailed in the report and said that the Fund’s investment strategy would be reviewed later in the year as part of the Actuarial Valuation Process. He advised there were no current concerns with any of the Fund’s investment managers and that a number of managers had outperformed their respective targets during the period.
RESOLVED:
That the report be noted.