Issue - meetings
Investment Performance Review for Quarter Ending 31 March 2017
Meeting: 31/07/2017 - Pensions Committee (Item 6)
6 Investment Performance Review for Quarter Ending 31 March 2017 PDF 558 KB
Report to follow.
Additional documents:
Minutes:
Bola Tobun, Investment and Treasury Manager presented a report which informed Members of the Performance of the Fund and its investment managers for the quarter and year ending 31 March 2017.
The fund delivered a positive return of 4.4%, by outperforming its benchmark return of 3.6% by 0.8% for the reporting quarter. In addition 7 out of the 9 mandates matched or achieved returns above the benchmark in the quarter end. Ruffer and Goldman mandates lagged behind their respective benchmarks. Overall the Fund performance was ahead of its benchmark.
RESOLVED:
That the contents of the report be noted.