Agenda item

Border to Coast Pension Partnership (BCPP) Sterling Index-Linked Bond Fund

Minutes:

The Committee considered a report of the Corporate Director of Resources which provided an overview of BCPP’s Sterling Index-Linked Bond Fund, and, an update on progress made towards implementing related asset allocated decisions (for copy see file of minutes).

 

Resolved:

 

that:

 

(a)         the report be noted;

(b)         the investment of 15% of the Fund’s total asset allocation to BCPP’s Sterling Index-Linked Bond sub-fund be approved, and;

(c)          the transition from the Fund’s existing Index-Linked Gilt holdings with Royal London Asset Management (RLAM) be approved.