Issue - meetings

Annual Reports and Accounts 2018/19

Meeting: 06/09/2019 - Pension Fund Committee (Item 55)

55 Annual Reports and Accounts 2018/19 pdf icon PDF 2 MB

11:25

 

The Committee are invited to note the Draft Annual Report and Accounts for 2018/19 and offer any feedback.

 

Decision:

Recommendations agreed.

 

The Committee congratulated the fund managers for their performance in such a difficult year.

Minutes:

The Committee had before it the Annual Report and Accounts 2019 for noting and feedback.

 

The Committee noted the fund as a whole returned 6.8% against a benchmark of 6.7% and the out-performance from the Private Equity Managers who achieved returns of 13.1% in the year, and congratulated the fund managers for very good performance in such a difficult year.

 

RESOLVED:  to note the report.