Issue - meetings
QUARTERLY PERFORMANCE REPORT - 31 MARCH 2020 (5 MINS)
Meeting: 17/09/2020 - Pension Policy & Investment Committee (Item 10)
10 QUARTERLY PERFORMANCE REPORT - 30 June 2020 
PDF 372 KB
To receive a report from Bola Tobun (Finance Manager Pensions and Treasury)
Additional documents:
- Appendix 1 - AON Quarterly Investment Report June 2020 , View reasons restricted (10/2)
- Appendix 2 London CIV Sub-Funds Quarterly Report June 2020 , View reasons restricted (10/3)
Minutes:
The Committee received the Quarterly Performance Report from the Pensions and Treasury Finance Manager.
The Pensions and Treasury Finance Manager highlighted that for June quarter end most of the equity portfolios bounced back, matching or outperforming the respective benchmarks.
Members noted current volatility, and importance of a robust investment strategy.
NOTED the report.
Meeting: 23/07/2020 - Pension Policy & Investment Committee (Item 6)
6 QUARTERLY PERFORMANCE REPORT - 31 MARCH 2020 PDF 382 KB
To receive a report from Bola Tobun.
Minutes:
The Committee received the Quarterly Performance Report from the Pensions and Treasury Finance Manager.
The Pensions and Treasury Finance Manager highlighted that at the end of March 2020 the Fund stood at £1,169m which was a reduction of £94m from its value of £1,263m as at 31 December 2019. However, by the end of June the position of the fund is £1,266m and has returned to its position as of December 2019.
Councillor Levy voiced his concerns about the high level of cash in the Fund and also on the performance levels of the London Collective Investment Vehicle (LCIV) , (item 8 on the agenda).
NOTED
- The report