Decision details

Investment, Funding and Pooling Update

Decision Maker: Clwyd Pension Fund Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decision:

The Committee:

a)    Considered, noted and commented on the update.

b)    Noted the confirmation that there are no plans for Clwyd Pension Fund to invest directly with Pemberton Asset Management.

c)    Agreed that the Clwyd Pension Fund will engage with WPP on the justification of allocating to Pemberton, seeking further clarification and explanation from Pemberton Asset Management on the matter in line with the WPP Responsible Investment Policy

 

Report author: Ceri Shotton

Publication date: 04/03/2025

Date of decision: 27/11/2024

Decided at meeting: 27/11/2024 - Clwyd Pension Fund Committee

Accompanying Documents: