Agenda

Brent Pension Fund Sub-Committee
Tuesday 13 February 2018 7.00 pm

Venue: Board Room 4 - Brent Civic Centre, Engineers Way, Wembley HA9 0FJ. View directions

Contact: Joe Kwateng, Governance Officer  0208 937 1354; Email: joe.kwateng@brent.gov.uk

Items
No. Item

1.

Declarations of personal and prejudicial interests

Members are invited to declare at this stage of the meeting, any relevant personal and prejudicial interests and discloseable pecuniary interests in any matter to be considered at this meeting.

2.

Minutes of the previous meeting held on 7 November 2017 pdf icon PDF 90 KB

3.

Matters arising

4.

Deputations

5.

Monitoring report on fund activity for the quarter ending September 2017 pdf icon PDF 825 KB

 

 

This report provides a summary of the Fund’s activity during the quarter ended 30 September 2017. It examines the economic and market background, and investment performance, as well as commenting on events in the quarter

 

6.

Report on PIRC 2016/17 local authority pension fund benchmarking pdf icon PDF 381 KB

 

 

This report provides a summary of the benchmarking data for 2016/17, produced on behalf of the Fund by PIRC. It compares the Fund’s performance and asset allocation with the best performing local authority pension funds and provides comments on some possible conclusions from the data and limitations of the benchmarking exercise.

 

I have attached appendices A and B to the report.

 

Additional documents:

7.

Investment Strategy Review pdf icon PDF 208 KB

This report updates the committee on the investment strategy review.  

8.

Minutes of Pension Board - 21 November 2017 pdf icon PDF 99 KB

8a

Exclusion of Press and Public

The following items are not for publication as they relate to the following category of exempt information as specified under Part 1, Schedule 12A of the Local Government Act 1972, namely Paragraph 3

 

“Information relating to the financial or business affairs of any particular person (including the authority holding that information)”:

 

9.

London CIV Update

 

The purpose of this report is to update the committee on recent developments within the London CIV and the timescales attached to making investment decisions.

 

I have attached appendices A-C to the report.

10.

Any other urgent business

Notice of items to be raised under this heading must be given in writing to the Head of Executive and Member Services or his representative before the meeting in accordance with Standing Order 64.