Decision Maker: Pensions Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The Committee considered a report which provided information about the voting and engagement activity of the Fund’s investment managers for the six-month period to 31 March 2019.
There was a brief discussion about PIRC advice and executive remuneration and remuneration voting details provided in the report were noted. It was noted that following the movement of the passive global equity portfolio last July and the UK active equity portfolio in November 2018, the Brunel partnership was now responsible for voting on a significant proportion of the Fund’s equity assets, and Brunel’s stewardship policy and voting records could be found on their website.
The Committee accepted the report and the Funds and Investments Manager noted that as more assets were pooled he would consider the most appropriate way of providing this information.
Publication date: 24/06/2019
Date of decision: 07/06/2019
Decided at meeting: 07/06/2019 - Pensions Committee