Investments Quarterly Progress Report
A confidential report on the investment activity and performance of the Fund for the year to 30 September 2010 is attached for Members’ consideration.
Supporting documents:
Minutes:
The Fund Investment and Accounting Manager presented the confidential Wiltshire Pension Fund Investment Quarterly Progress Report. After significant discussion, during which the Committee considered the Authority’s investment performance relative to other Local Government Pension Schemes which was published in the public domain, it was,
Resolved:
a) To note the Quarterly Investment Report
b) To approve the continued use of the un-hedged benchmark for reporting total fund performance
c) That a report on the reasons for the Fund’s peer group ranking and to outline the opportunities for improvement be prepared and submitted by Hymans-Robertson prior to 25 December 2010.