Agenda item

Consideration was given to the report of the Interim Corporate Director Resources which provided the Committee with information on the performance of the Pension Fund’s short term investments as at 30 June 2016 (for copy see file of Minutes).

Following a question from Councillor Davinson, Beverley White advised that Handelsbanken had been included in the report as the Fund had previously held surplus cash in the institution.  

Resolved:

That the position at 30 June 2016 regarding the Pension Fund’s short term investments where £19,395 net interest was earned in the three month period, be noted.