Agenda item

The Committee considered a report of the Corporate Director of Resources which provided an update on the overall value of the Pension Fund’s investments at 31 March 2018, the movement in the cash balance during the last four quarters and the projected cash flow position up to 30 June 2018 (for copy see file of Minutes).

With regard to cash flow, Councillor Temple asked Officers to consider whether it would be feasible to use dividend income as a means of maintaining the Fund’s cash flow position as an alternative to dis-investing from Fund Managers. It was agreed that Beverley White and Sandy Dickson would explore this and report back to the Committee.

Resolved:

That the information contained in the report be noted, and a report on the feasibility of using dividend income to maintain the cash flow position be considered at a future meeting of the Committee.