Agenda

Brent Pension Fund Sub-Committee
Wednesday 27 February 2019 6.00 pm

Venue: Board Room 2 - 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 pdf icon PDF 115 KB

3.

Matters arising

4.

Deputations

5.

Implementation of the Investment Strategy pdf icon PDF 151 KB

This report updates the Sub-Committee on progress on the implementation of the investment strategy.

6.

Monitoring report on fund activity for the quarter ended December 2018 pdf icon PDF 986 KB

The report provides a summary of the Fund’s activity during the quarter ended 31 December 2018. It examines the economic and market background, and investment performance, as well as commenting on events in the quarter.

7.

London CIV Update pdf icon PDF 86 KB

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

 

I have attached an appendix to the report.

Additional documents:

8.

MHCLG Statutory guidance on asset pooling in the Local Government Pension Scheme (LGPS) Consultation pdf icon PDF 107 KB

The Ministry of Housing, Communities and Local Government (MHCLG) have launched an informal consultation on draft new statutory guidance on asset pooling. This guidance sets out the requirements on administering authorities in relation to the pooling of LGPS assets and builds on previous Ministerial communications and guidance on investment strategies.

 

I have attached an appendix to the report.

Additional documents:

9.

Minutes of Pension Board - 13 December 2018 pdf icon PDF 85 KB

9a

Implementation of the Investment Strategy

This report updates the committee on progress on the implementation of the investment strategy.

9b

Implementation of the Investment Strategy

This report updates the committee on progress on the implementation of the investment strategy

10.

Date of next meeting

This will be confirmed at the Council’s Annual General Meeting in May 2019.

11.

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 60.