55 Annual Reports and Accounts 2018/19 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.