Issue - meetings
Investment and Funding update
Meeting: 20/09/2017 - Clwyd Pension Fund Committee (Item 83)
83 Investment and Funding update 
PDF 94 KB
To provide Committee members with an update of
investment and funding matters for the Clwyd Pension Fund
Additional documents:
- Enc. 1 2017/18 Business Plan update, item 83
PDF 46 KB
- Enc. 2 MiFID ll, item 83
PDF 104 KB
- Enc. 3 delegated responsibilities, item 83
PDF 80 KB
- Enc. 4 Risk dashboard and register - Investments and Funding, item 83
PDF 103 KB
Decision:
1. The Committee considered and noted the update.
Minutes:
Mrs Fielder said that the business plan was on target and said that all the documentation in relation to the “opt up” process for MIFID II would be communicated to Investment Managers and Consultants by the end of September.
Mrs Fielder also reported that the outstanding transition as a result of the “light touch“ investment review should be complete by the end of September. She also confirmed that they were progressing the appointment of the North America Private Credit Manager and the outcome would be reported to the next PFC meeting.
Work is still ongoing as regards Cost Transparency and Mrs Fielder said that three of the Funds traditional asset managers had signed up and they were just waiting for confirmation from a fourth.
RESOLVED:
1. The Committee considered and noted the update.