Agenda item

Investment Pooling Update

Minutes:

The Committee considered a report of the Corporate Director of Resources which updated Members on progress towards investment pooling and asked the Committee to confirm that the Chair will represent the Council on behalf of the Pension Fund on matters relating to the Border to Coast Pensions Partnership (for copy see file of Minutes).

 

Resolved:

 

That the contents of the report be noted and it be confirmed that:-

 

a)            the Chair of the Pension Fund Committee will represent the Council on behalf of the Pension Fund on the Joint Committee, having previously represented the Pension Fund on the Member Steering Group (the informal group set up prior to the establishment of the Joint Committee); and

 

b)         the Chair of the Pension Fund Committee will also vote the Council’s shareholding as necessary.

 

Supporting documents: