Decision details
Investment Strategy Review
Decision Maker: Clwyd Pension Fund Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decisions:
Mr. Kieran Harkin, Fund Investment Consultant – JLT Group, introduced a report to seek ratification for the appointment of a Managed Account Platform (MAP) Provider and Advisor. He provided background information and reported on the selection and shortlisting process, and subsequent due diligence meetings. Mr. Harkin advised that the principle findings from the extensive due diligence conducted by the Clwyd Pension Fund Manager (CPFM) and JLT was that Man FRM was the preferred provider for the reasons as detailed in the report.
RESOLVED:
That the decision to appoint Man FRM to implement and act as an advisor to the Managed Account Platform for the Clwyd Pension Fund be approved.
Report author: Gary Ferguson
Publication date: 21/05/2015
Date of decision: 21/05/2015
Decided at meeting: 21/05/2015 - Clwyd Pension Fund Committee