Agenda and decisions

Local Pension Committee - Friday, 26 February 2021 9.30 am

Venue: Microsoft Teams.

Contact: Miss C Tuohy (0116 305 5483).  Email: cat.tuohy@leics.gov.uk

Items
No. Item

1.

Minutes of the meeting held on 22 January 2021. pdf icon PDF 247 KB

2.

Question Time.

3.

Questions asked by members under Standing Order 7(3) and 7(5).

4.

To advise of any other items which the Chairman has decided to take as urgent elsewhere on the agenda.

5.

Declarations of interest in respect of items on the agenda.

6.

Disapplying the Public Sector Exit Payment Cap. pdf icon PDF 336 KB

Decision:

That the report be noted.

7.

Pension Fund Budget and Business Plan 2021/22. pdf icon PDF 379 KB

Additional documents:

Decision:

That the Pension Fund Budget and Business Plan for 2021/22 be approved.

8.

Pension Fund Policies Update. pdf icon PDF 303 KB

Additional documents:

Decision:

a)    That the Administration and Communications Strategy be approved.

b)    That the Investment Strategy Statement be approved.

c)     That the submission of the Investment Advisor Objectives to the Competitions and Market Authority be noted.

 

9.

Risk Management and Internal Controls. pdf icon PDF 320 KB

Additional documents:

Decision:

 

That the revised risk register be approved.

 

10.

Responsible Investment Update. pdf icon PDF 404 KB

Additional documents:

Decision:

That the report be noted.

11.

Summary Valuation of Pension fund Investments. pdf icon PDF 539 KB

Additional documents:

Decision:

That the report be noted.

 

12.

Recommended Investment: Aegon Short Dated Investment Grade Fund pdf icon PDF 320 KB

Additional documents:

Decision:

That the information provided be noted.

13.

Exclusion of the Press and Public.

The public are likely to be excluded during consideration of the remaining items in accordance with Section 100(A)(4) of the Local Government Act 1972 (Exempt Information).

14.

Supplementary Information on Recommended Investment: Aegon Short Dated Investment Grade Bond Fund.

Decision:

That the supplementary information provided be noted.

15.

Presentation of the Investment Manager - Ageon - Short Dated Investment Grade Bond Fund.

Decision:

a)    That the presentation delivered by Aegon be noted;

b)    That a £25million commitment to invest in the Aegon Short Dated Investment Grade Fund be approved.

16.

LGPS Central Quarterly Report.

17.

Ruffer Quarterly Report

18.

Adams Street Quarterly Report.

19.

Aspect Capital Quarterly Report

20.

Legal and General Investment Manager Quarterly Report

21.

Millennium Global Quarterly Report

22.

Pictet Quarterly Report

23.

Aberdeen Standard Investment Manager Quarterly Report.

24.

KKR Quarterly Report

25.

Partners Group Quarterly Reports.

26.

Aegon Quarterly Report.

27.

Colliers Quarterly Report.

28.

Christofferson Robb & Company Quarterly Report.

29.

JP Morgan Infrastructure Fund Quarterly Report

30.

LaSalle Quarterly Report.

31.

Stafford Timberland Quarterly Report

32.

Aegon Currency Programme Quarterly Report.

33.

JP Morgan Multi Sector Credit Quarterly Report.

34.

Any other items which the Chairman has decided to take as urgent.