Agenda item

The Committee considered a report of the Corporate Director of Resources which provided information on the performance of the Pension Fund’s short term investments as at 31 March 2018 (for copy see file of Minutes).

In response to a question from Andy Broadbent, the Committee was informed that investments of short term cash balances were usually for a duration of between 3 and 6 months.

Resolved:

That the position at 31 March 2018 regarding the Pension Fund’s short term investments where £23,166 net interest was earned in the three month period, be noted.