Agenda

Members are invited to declare at this stage of the meeting, the nature and existence of any relevant disclosable pecuniary or personal interests in the items on this agenda and to specify the item(s) to which they relate.

To approve the minutes of the previous meeting held on Thursday 1 August 2024 as a correct record.

(Agenda republished to include the attached minutes on 3 October 2024)

To consider any matters arising from the minutes of the previous meeting.

To receive the Brent Pension Fund Q2 2024 Investment Monitoring Report.

(Agenda republished to include the attached report on 3 October 2024)

This report provides an update on the Pension Fund Annual Report and Accounts for the year ended 31 March 2024.

(Agenda republished to include the attached report on 3 October 2024)

To present members with an update on engagement activity undertaken by the Local Authority Pension Fund Forum (LAPFF) on behalf of the Fund.

This report provides an update on the provision of the LGPS online learning facility.

To note the minutes of the Pension Board meeting held on 3 September 2024.

Notice of items to be raised under this heading must be given in writing to the Deputy Director Democratic Services or their representative before the meeting in accordance with Standing Order 60.

The following items are not for publication as they relate to the category of exempt information set out below, as specified under Part 1, Schedule 12A of the Local Government Act 1972:

Agenda Item 6:       Q2 2024-25 Investment Monitoring Report – Fund Manager performance ratings.

This appendix has been classified as exempt under Paragraph 3 of Part 1 Schedule 12A of the Local Government Act 1972, namely: “Information relating to the financial or business affairs of and particular person (including the authority holding that information).”

The press and public will be excluded from the remainder of the meeting as the report(s) to be considered contain the following category of exempt information as specified in Paragraph 3, Schedule 12A of the Local Government Act 1972, namely:

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

As part of the investment strategy review, the Sub-Committee agreed to a market review of the passive global equities mandate to have a greater focus on responsible investment. This report presents analysis and results of investment options for the Sub-Committee to consider.

(Agenda republished to include the attached report on 3 October 2024)

To update the committee on recent developments regarding Brent Pension Fund investments.

(Agenda republished to include attached report on 3 October 2024)

To update the committee on recent developments regarding Brent Pension Fund investments held within the London CIV (CIV).

(Agenda republished to include the attached report on 3 October 2024)