Meeting documents

Berkshire Pension Fund Panel
Monday 19 January 2015 4.00 pm



N O T I C E

O F

M E E T I N G

BERKSHIRE PENSION FUND PANEL
will meet on
MONDAY 19 JANUARY 2015
at
4.00PM
In

ASCOT / BRAY, TOWN HALL, MAIDENHEAD

TO: MEMBERS OF THE BERKSHIRE PENSION FUND PANEL AND ADVISORY PANEL
      COUNCILLORS JOHN LENTON (CHAIRMAN), DAVID HILTON (VICE CHAIRMAN), PETER COMBER, SIMON DUDLEY AND GEOFF HILL (RBWM).

      COUNCILLORS TICKNER (READING BOROUGH COUNCIL), BROOKER (SLOUGH BOROUGH COUNCIL), STANTON (WOKINGHAM), WORRALL (BRACKNELL FOREST BOROUGH COUNCIL), LAW (WEST BERKSHIRE COUNCIL), SUE NICHOLLS (UNISON), FRANK MINAL (GMB), PATRICK FULLER (UNIVERSITY OF WEST LONDON).
Karen Shepherd - Democratic Services Manager
Issued: 9 January 2015
Members of the Press and Public are welcome to attend Part I of this meeting.
The agenda is available on the Council’s web site at www.rbwm.gov.uk or contact the
Panel Administrator David Cook (01628) 796560

Fire Alarm - In the event of the fire alarm sounding or other emergency, please leave the building quickly and calmly by the nearest exit. Do not stop to collect personal belongings and do not use the lifts. Congregate in the Town Hall Car Park, Park Street, Maidenhead (immediately adjacent to the Town Hall) and do not re-enter the building until told to do so by a member of staff.
Recording of Meetings – The Council allows the filming, recording and photography of public Council meetings. This may be undertaken by the Council itself, or any member of the public attending the meeting. By entering the meeting room you are acknowledging that you may be audio or video recorded and that this recording will be available for public viewing on the RBWM website. If you have any questions regarding the council’s policy, please speak to the Democratic Services or Legal representative at the meeting.


AGENDA

PART I


ITEMSUBJECT
PAGE
NO
1APOLOGIES FOR ABSENCE
To receive any apologies for absence
-
2DECLARATIONS OF INTEREST
To receive any declarations of interest.
-
3MINUTES
To confirm the two Part I Minutes of the meetings held on 3 December 2014.

meetings_141203_bpfp_minutes_4pm_part i.pdf Meetings 141203 Bpfp Minutes 4pm Part I

meetings_141203_bpfp_minutes_part i.pdf Meetings 141203 Bpfp Minutes Part I


i
4UPDATE ON PENSION FUND COLLABORATION
To consider the report.

04_meetings_150119_bpfp_Update on Pension Fund Collaboration.pdf 04 Meetings 150119 Bpfp Update On Pension Fund Collaboration

1
5PENSIONS BOARD
Proposed composition and terms of reference.

05_meetings_150119_bpfp_Pension Boards.pdf 05 Meetings 150119 Bpfp Pension Boards

4
6DATES OF FUTURE MEETINGS
      13th April 2015
-
7LOCAL GOVERNMENT ACT 1972 - EXCLUSION OF THE PUBLIC

To consider passing the following resolution:-

“That under Section 100(A)(4) of the Local Government Act 1972, the public be excluded from the remainder of the meeting whilst discussion takes place on items 8-15 on the grounds that they involve the likely disclosure of exempt information as defined in Paragraph 3 of part I of Schedule 12A of the Act"
-
AGENDA

PRIVATE MEETING - PART II


ITEMSUBJECT
PAGE
NO
8



9		MINUTES
To confirm the Part II Minutes of the meeting held on 3 December 2014.

INVESTMENT WORKING GROUP 15 JANUARY 2015
To consider the verbal update.
i


Verbal
10NEUBERGER PRIVATE DEBT FUND
To receive a presentation from Susan Kasser.
18
11UPDATE ON THREE SISTERS (READING)
To consider the report.
21
12ADMITTED BODIES – COVENANT ASSESSMENT
To consider the report.
53
13STEWARDSHIP REPORT
To consider the report.
62
14INVESTMENT PERFORMANCE AND ASSET ALLOCATION
To consider the report.
71