Decision

Investment, Funding and Pooling Update

Decision Maker: Clwyd Pension Fund Committee

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 27, 2024

Purpose:

Content: The Committee: a)    Considered, noted and commented on the update. b)    Noted the confirmation that there are no plans for Clwyd Pension Fund to invest directly with Pemberton Asset Management. c)    Agreed that the Clwyd Pension Fund will engage with WPP on the justification of allocating to Pemberton, seeking further clarification and explanation from Pemberton Asset Management on the matter in line with the WPP Responsible Investment Policy