Agenda item

Consideration was given to the report of the Corporate Director, Resources which gave an overview of the performance of the Fund to 31 December 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.

Councillor Martin noted the reference in the report to Edinburgh Partners who were no longer a Fund Manager. The Member was advised that the information reflected a 3 year period and dividend income was still being received in respect of Edinburgh Partner’s mandate.

Resolved:

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