Issue - meetings
Equity Protection Strategy Investment/Manager Search
Meeting: 28/11/2019 - Pensions Committee (Item 5)
Equity Protection - Presentation and Training
To follow
Minutes:
The Committee received an update from Jack Bladon and Pedro Moura (representatives from Schroders) on the funds equity protection. A presentation booklet was tabled at the meeting.
Meeting: 24/07/2018 - Pensions Committee (Item 7)
7 Equity Protection Strategy Investment/Manager Search PDF 123 KB
Minutes:
This report provided an update on the action taken in relation to the Equity Protection Investment. Work was carried out supported by the Fund Consultant Mercer, and the Independent Adviser to put in place an Equity Protection Investment for the Fund. The aim of the investment being to reduce the risk to the Fund of its exposure to investment in equities.
Members noted that they had received a presentation from Mercer regarding Equity Protection Investment and this included the procurement of Equity Protection Investment Managers.
RESOLVED
To note the process undertaken to select an Equity Protection Investment Option to offer some protection against a fall in the value of the fund at the next valuation date of March 2019 and the decision made by the CFO under the authority that was delegated.