Issue - meetings
Investment in London LGPS Collective Investment Vehicle (CIV)
Meeting: 28/07/2015 - Pension Board (Item 4)
4 Investment in London LGPS Collective Investment Vehicle (CIV) PDF 97 KB
To inform the Committee on the progress of setting up the London Collective Investment Vehicle (CIV), and the work that is currently underway.
Minutes:
The Investments and Treasury Manager introduced the report which provided an update on the establishment of the London Collective Investment Vehicle (CIV). The Board heard that:
· the body had recently been incorporated and registered with FCA.
· The share capital of LBTH LGPS would be £75,000
· During the recent budget statement, the Government had indicated that it favoured national pooling.
RECOMMENDED
That the update be noted.
Meeting: 23/07/2015 - Pensions Committee (Item 5)
5 Investment in London LGPS Collective Investment Vehicle (CIV) PDF 97 KB
To inform the Committee on the progress of setting up the London Collective Investment Vehicle (CIV), and the work that is currently underway.
Minutes:
This item was considered in closed session.