Agenda

Venue: Guardsman Tony Downes House, Manchester Road, Droylsden, M43 6SF. View directions

Contact: Carolyn Eaton, Senior Democratic Services Officer on 0161 342 3050 or Email: carolyn.eaton@tameside.gov.uk 

Items
No. Item

GENERAL BUSINESS

1.

Chair's Opening Remarks

2.

Apologies for Absence

3.

Declarations of Interest

To receive any declarations of interest from Members of the Panel.

4.

Minutes

4a

Minutes of the Pension Fund Advisory Panel pdf icon PDF 171 KB

To approve as a correct record the Minutes of the meeting of the Pension Fund Advisory Panel held on 21 July 2017.

4b

Minutes of the Pension Fund Management Panel pdf icon PDF 64 KB

To approve as a correct record the Minutes of the meeting of the Pension Fund Management Panel held on 21 July 2017.

4c

Minutes of the Urgent Matters Panel pdf icon PDF 48 KB

To approve as a correct record the Minutes of the meeting of the Urgent Matters Panel held on 23 August 2017.

 

5.

Local Government (Access to Information) Act 1985

5a

Urgent Items

To consider any items which the Chair is of the opinion shall be considered as a matter of urgency.

5b

Exempt Items

The Proper Officer is of the opinion that during the consideration of the items set out below, the meeting is not likely to be open to the press and public and therefore the reports are excluded in accordance with the provisions of the Schedule 12A to the Local Government Act 1972.

 

Items

Paragraphs

Justification

8,9,10,11,12,13,14, 15

3&10, 3&10, 3&10, 3&10, 3&10, 3&10, 3&10, 3&10

Disclosure would, or would be likely to prejudice the commercial interests of the Fund and/or its agents which could in turn affect the interests of the beneficiaries and/or tax payers.

 

6.

Pension Fund Working Groups/Local Board Minutes

6a

Local Pensions Board pdf icon PDF 82 KB

To note the Minutes of the meeting held on 24 July 2017.

6b

Investment Monitoring and ESG Working Group pdf icon PDF 71 KB

To consider the Minutes of the meeting held on 14 July 2017.

6c

Pensions Administration Working Group pdf icon PDF 92 KB

To consider the Minutes of the meeting held on 14 July 2017.

 

6d

Alternative Investments Working Group pdf icon PDF 75 KB

To consider the Minutes of the meeting held on 20 July 2017.

6e

Employer Funding Viability Working Group pdf icon PDF 76 KB

To consider the Minutes of the meeting held on 28 July 2017.

6f

Property Working Group pdf icon PDF 64 KB

To consider the Minutes of the meeting held on 28 July 2017.

ITEMS FOR DISCUSSION/DECISION

7.

Management Summary pdf icon PDF 85 KB

Report of the Director of Pensions attached.

8.

LGPS Pooling Update

Report of the Assistant Director of Pensions, Funding and Business Development, attached.

9.

Review of Investment Management Arrangements

Report of the Assistant Director of Pensions, Investments, attached.

10.

Performance Dashboard

Report of the Assistant Director of Pensions, Investments, attached.

11.

Update on GMPF'S Response to Responsible Investment

Report of the Assistant Director of Pensions, Investments, attached.

12.

Report of the Manager

To receive a presentation from representatives of Stone Harbor Investment Partners LP.

13.

Advisor Comments and Questions

14.

LaSalle Investment Management Annual Strategy Report on the Main UK Property Portfolio

Report of the Assistant Director of Pensions, Local Investments and Property, attached.

ITEMS FOR INFORMATION

15.

Pensions Administration Update pdf icon PDF 100 KB

Report of the Pensions Policy Manager attached.

Additional documents:

16.

Future Training Dates

Trustee training opportunities are available as follows.  Further information/details can be obtained by contacting Loretta Stowers on 0161 301 7151.

 

Fundamentals Training Day 1

Park Plaza Hotel, Leeds

4 October 2017

Fundamentals Training Day 2

Park Plaza Hotel, Leeds

1 November 2017

Fundamentals Training Day 3

Park Plaza Hotel, Leeds

5 December 2017

PLSA Annual Conference

Manchester Central

18–20 October 2017

GMPF Stakeholder Event

Gorton Monastery

19 October 2017

Capital International Training Day

Doubletree, Manchester Piccadilly

4 December 2017

LAPFF Annual Conference

Highcliffe Marriott, Bournemouth

6-8 December 2017

 

17.

Dates of Future Meetings

 

Management/Advisory Panel

17 November 2017

23 March 2018

Local Pensions Board

19 October 2017

14 December 2017

29 March 2018

Pensions Administration Working Group

13 October 2017

19 January 2018

6 April 2018

Investment Monitoring and ESG Working Group

13 October 2017

19 January 2018

6 April 2018

Alternative Investments Working Group

20 October 2017

26 January 2018

13 April 2018

Property Working Group

27 October 2017

2 February 2018

20 April 2018

Policy and Development Working Group

5 October 2017

1 February 2018

22 March 2018

Employer Funding Viability Working Group

27 October 2017

2 February 2018

20 April 2018