Agenda item

Consideration was given to the report of the Corporate Director, Resources which gave an overview of the performance of the Fund to 30 September 2014 (for copy see file of Minutes).

The report gave details of the Managers’ performance against their benchmarks for the quarter, the year to date and since inception of the Fund.

Hilary Appleton, Strategic Finance Manager – Corporate Finance advised that during the current quarter since 30 September 2014 transition of assets from BlackRock to the new Global Equity Managers had occurred.

Resolved:

That the information contained in the report produced by J P Morgan be noted.