Agenda and minutes

Minute of meeting held on 22 August 2016 to be noted and signed by the Chairman. (Copy attached).

The Committee noted the Minute of the meeting of 22 February 2016.

DECISION

NOTED for signature by the Chairman.

Before proceeding with the private business, the following motion should be approved:-

“That under Section 50A(4) of the Local Government (Scotland) Act 1973 the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in paragraph 8 of Part 1 of Schedule 7A to the aforementioned Act.”

DECISION

AGREED under Section 50A(4) of the Local Government (Scotland) Act 1973 to exclude the public from the meeting during consideration of the business contained in the following items on the grounds that they involved the likely disclosure of exempt information as defined in paragraphs 6 and 8 of part 1 of Schedule 7A to the Act.

SUMMARY OF PRIVATE BUSINESS

Private Minute of meeting held on 22 August 2016 to be noted and signed by the Chairman. (Copy attached).

The Sub-Committee noted for signature the Private Minute of 22 February 2016.

Presentation by Lothian Pension Fund.

The Committee considered a presentation by Lothian Pension Fund and agreed a report should be presented to the next joint meeting of Pension Fund Committee and Pension Board.

Owing to time constraints the report was not discussed.  However, officers from KPMG referred the Sub-Committee to their report prior to each Fund Manger’s presentation.

The Committee noted the presentation by Baillie Gifford.

The Committee noted the presentation by LGT.

The Committee noted the presentation by Harris Associates.

The Committee noted the presentation by Morgan Stanley.

The Committee noted the presentation by UBS.

The Committee noted the presentation by M & G Associates.