Decision details

Cash Management Strategy

Decision Maker: Pensions Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Committee considered this report that sought approval for the management of the Fund’s cash and the strategy and counter party strategy. It was noted that since 1 April 2010 the pension fund cash had been managed by the Council’s investments team on a completely segregated basis.


During the discussion Members considered the Cash Management Strategy attached as Appendix A to the report and the revised Counterparty criteria for the investment of sterling cash balances attached as Appendix B to the report.  


There was a discussion and the Committee agreed to:

Adopt the Cash Management Strategy;

Adopt the revised Counterparty strategy for the investment of sterling cash balances;

Re-appoint the in-house team to manage the cash balances on a segregated basis.


Publication date: 24/06/2019

Date of decision: 07/06/2019

Decided at meeting: 07/06/2019 - Pensions Committee

Accompanying Documents: