Issue - decisions
Funding and Flight Path Update
28/01/2019 - Funding and Flight Path Update
(a) The Committee noted the updated funding and hedging position for the Fund and the progress being made on the various elements of the Risk Management Framework.
(b) The Committee noted the LDI strategy is in the process of being restructured in order to crystallise the positive mark-to-market gain.
(c) The Committee noted that the Officers are working with their advisors in order to identify possible areas to invest the £100m cash that may be released due to the overall positive performance of the flightpath framework.