13 Wales Pension Partnership - Investment Pooling Update [Standing Item] PDF 12 KB
To note the report.
Minutes:
The Board noted the Wales Pension Partnership [WPP] update. The Pension Fund Manager advised that the WPP had agreed a Responsible Investment Policy, which was available on the WPP’s website. The following work is ongoing:
· The transition of Fixed Income asset class should be transferred early in 2020
· Further work on other asset classes
· Communications and raising the profile of the Pool
· Developing a belief document for the Pool.
The Chair reported that half yearly meetings between the Pool and Pension Board Chairs would be held. The WPP’s Joint Governance Committee was considering whether to have two Board Chairs as “sounding boards” for the Pool, regarding processes and relationships.
13. Wales Pension Partnership - Investment Pooling Update [Standing Item] PDF 12 KB
To note the report.