Issue - meetings

Pooling Investment in Wales

Meeting: 10/11/2021 - Clwyd Pension Fund Committee (Item 28)

28 Pooling Investment in Wales pdf icon PDF 101 KB

To provide Committee Members with an update on Pooling Investments in Wales.

Additional documents:

Decision:

The Committee considered and noted the update in particular the JGC agenda and WPP Annual Report.

Minutes:

This item of the agenda was for noting and Mr Latham added that the WPP produced their 2020/21 annual report, which identified the achievements in the year by the WPP.

 

Mr Latham confirmed that at the next JGC, there would be an agenda item on whether or not to extend the contract for the current operator for a further 2 years.

 

He also added that, as previously mentioned by Mrs Fielder, 32% of the Fund’s assets were pooled with the WPP.

 

RESOLVED:

 

The Committee considered and noted the update in particular the JGC agenda and WPP Annual Report.