Issue - meetings
Economic and Market Update and Investment Stratey and Manager Summary
Meeting: 10/11/2021 - Clwyd Pension Fund Committee (Item 29)
29 Economic and Market Update and Investment Strategy and Manager Summary 
PDF 104 KB
To provide Committee Members with an economic
and market update and performance of the Fund and Fund
Managers.
Additional documents:
- Enc. 1 for Economic and Market Update and Investment Stratey and Manager Summary, item 29
PDF 2 MB
- Enc. 2 for Economic and Market Update and Investment Stratey and Manager Summary, item 29
PDF 2 MB
- Webcast for Economic and Market Update and Investment Strategy and Manager Summary
Decision:
The Committee considered and noted the update.
Minutes:
Mr Harkin confirmed that the Fund asset value at the end of September was c£2.4billion and the Fund performed well against all benchmarks. The underlying asset classes in the Fund, which drove the strong performance, were the equity allocation and the tactical allocation portfolio. Given the Fund’s positive position, there were no issues to report but the portfolio would remain under regular review.
RESOLVED:
The Committee considered and noted the update.