Issue - meetings
Economic and Market Update
Meeting: 21/05/2015 - Clwyd Pension Fund Committee (Item 13)
13 Economic and Market Update 
PDF 45 KB
To provide Committee Members with an economic
and market update.
Additional documents:
Decision:
That the update be noted.
Minutes:
Mr. Kieran Harkin, Fund Investment Consultant – JLT Group, introduced a report to provide the Committee with an economic and market update.
Mr. Harkin presented the Economic and Market update for Quarter 1 2015, which was appended to the report. He reported on market performance and advised that in general there had been positive returns in January and February, however, markets had begun to diverge since the beginning of March.
During discussion Mr. Harkin responded to the question raised by Councillor Huw Llewellyn Jones concerning whether the rate of inflation was influenced by lower fuel prices, and to a query raised by Councillor Haydn Bateman around commodities.
RESOLVED:
That the update be noted.