Issue - meetings
Investment Strategy Review
Meeting: 21/05/2015 - Clwyd Pension Fund Committee (Item 17)
Investment Strategy Review
To ask Members to ratify the appointment of a
Provider to create a Managed Account Platform
Additional documents:
- Restricted enclosure 2 , View reasons restricted (17/2)
Decision:
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.
Minutes:
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.