Agenda

Venue: Brunswick Room - Guildhall, Bath. View directions

Contact: Sean O'Neill  01225 395090

Items
No. Item

1.

EMERGENCY EVACUATION PROCEDURE

The Chair will draw attention to the emergency evacuation procedure as set out under Note 9.

 

2.

DECLARATIONS OF INTEREST

At this point in the meeting declarations of interest are received from Members in any of the agenda items under consideration at the meeting. Members are asked to complete the green interest forms circulated to groups in their pre-meetings (which will be announced at the Council Meeting) to indicate:

(a) The agenda item number in which they have an interest to declare.

(b) The nature of their interest.

(c) Whether their interest is a disclosable pecuniary interest or an other interest,  (as defined in Part 2, A and B of the Code of Conduct and Rules for Registration of Interests)

Any Member who needs to clarify any matters relating to the declaration of interests is recommended to seek advice from the Council’s Monitoring Officer or a member of his staff before the meeting to expedite dealing with the item during the meeting.

3.

APOLOGIES FOR ABSENCE AND SUBSTITUTIONS

To receive any declarations from Members of the Committee and Officers of personal/prejudicial interests in respect of matters for consideration at this meeting, together with their statements on the nature of any such interest declared.

 

4.

TO ANNOUNCE ANY URGENT BUSINESS AGREED BY THE CHAIR

5.

ITEMS FROM THE PUBLIC - TO RECEIVE DEPUTATIONS, STATEMENTS, PETITIONS OR QUESTIONS

6.

ITEMS FROM COUNCILLORS AND CO-OPTED AND ADDED MEMBERS

To deal with any petitions or questions from Councillors and, where appropriate, co-opted and added members.

 

7.

MINUTES pdf icon PDF 61 KB

Additional documents:

8.

Review Of Investment Performance For Periods Ending 31 December 2017 pdf icon PDF 69 KB

This paper reports on the performance of the Fund’s investment managers and seeks to update the Panel on routine aspects of the Fund’s investments. The report contains performance statistics for period ending 31 December 2017.

The report focuses on the performance of the individual investment managers and the implementation of the investment strategy. The full performance report with aggregate investment and funding analysis will be reported to the Committee meeting on 23 March 2018. 

 

Additional documents:

9.

STRATEGIC POLICY UPDATE pdf icon PDF 72 KB

The Fund has implemented a number of changes to its strategic allocation following its review of its Investment Strategy in 2017. 

The Fund will begin to transfer its assets to Brunel in 2018/19.  The process will take a few years. Brunel has developed a timeline with the Client Group which is broadly in line with the timeline in the Full Business Case (agreed 1Q17).  In addition, the portfolio specifications to be offered by Brunel have been agreed with the Client Group.  Funds now have to map their existing mandates to the Brunel portfolios. 

This report updates the Panel on

a)  outstanding actions from the strategic review;

b)  the mapping of Avon’s current & future mandates to Brunel portfolios

c)  the transition timeline

 

Additional documents:

10.

WORKPLAN pdf icon PDF 60 KB

This report sets out the workplan for the Panel to end 2018.  The workplan is provisional as the Panel will respond to issues as they arise and as work is delegated from the Committee.