Agenda

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.

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

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.

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.

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.

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

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

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

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.