Agenda

Local Pension Committee - Friday, 9 September 2022 9.30 am, CANCELLED

Venue: Sparkenhoe Committee Room, County Hall, Glenfield. View directions

Contact: Miss C Tuohy (0116 305 5483). Email: cat.tuohy@leics.gov.uk

Note: As a mark of respect to the recent passing of Her Majesty the Queen the Local Pension Committee meeting scheduled for Friday 9 September has been cancelled.

Items
No.	Item
1.	Minutes of the meeting held on 10 June 2022. PDF 280 KB
2.	Question Time.
3.	Questions asked by members under Standing Order 7(3) and 7(5).
4.	To advise of any other items which the Chairman has decided to take as urgent elsewhere on the agenda.
5.	Declarations of interest in respect of items on the agenda.
6.	Pension Fund Annual Report and Accounts. PDF 196 KB Additional documents: Appendix - PF Annual Report 2122 , item 6. PDF 2 MB
7.	Local Pension Board Annual Report. PDF 207 KB Additional documents: Local Pension Board Annual Report 202122 final , item 7. PDF 621 KB
8.	Pension Fund Valuation - Funding Strategy Statement. PDF 284 KB Additional documents: Leicestershire Pension Fund Funding Strategy Statment (Sept 2022) (f) , item 8. PDF 985 KB
9.	Responsible Investing Update. PDF 742 KB Additional documents: Appendix A Fiduciary duty , item 9. PDF 204 KB Appendix B LPFVotingReportQ1_v2_0 , item 9. PDF 174 KB Appendix C LGPSC Stewardship Update Q1 2022-23 , item 9. PDF 3 MB Appendix D LGIM Q2 2022 ESG ImpactReport , item 9. PDF 5 MB
10.	Summary Valuation of Pension Fund Investments. PDF 482 KB Additional documents: App A 2206-Leicestershire Pension Fund - Manager Summary , item 10. PDF 350 KB App B Hymans Capital_Markets_Update_-_Summer_22 , item 10. PDF 309 KB
11.	Action agreed by the Investment Subcommittee. PDF 377 KB
12.	Stafford Capital Markets Update. PDF 284 KB Representatives from Stafford Capital will provide a presentation as part of this item. A copy of the presentation slides is attatched. Additional documents: Appendix Stafford Carbon Fund - Leicestershire IC presentation II , item 12. PDF 3 MB
13.	Risk Management and Internal Controls. PDF 271 KB Additional documents: Pensions Risk Register July 2022 (f) , item 13. PDF 727 KB
14.	Dates of future meetings. Future meetings of the Committee are proposed to take place on the following dates at 9.30am: Friday 18 November Friday 20 January Friday 3 March Friday 16 June Friday 8 September Friday 1 December Members are also asked to note that the Fund’s Annual General Meeting will take place on 12 December 2022 at 12 noon, which will be open to all scheme members to attend.
15.	Exclusion of the Press and Public. The public are likely to be excluded during consideration of the remaining items in accordance with Section 100(A)(4) of the Local Government Act 1972 (Exempt Information).
16.	LGPS Central Quarterly Manager Reports. View the reasons why item 16. is restricted
	Growth.
17.	Abrdn Capital Partners (formerly SL Capital Partners) Quarterly Report. View the reasons why item 17. is restricted
18.	Adams Street Quarterly Report. View the reasons why item 18. is restricted
19.	Aspect Capital Quarterly Report View the reasons why item 19. is restricted
20.	Pictet Quarterly Report View the reasons why item 20. is restricted
21.	LGIM Quarterly Manager Report. View the reasons why item 21. is restricted
22.	Ruffer Quarterly Report View the reasons why item 22. is restricted
	Income.
23.	KKR Quarterly Report View the reasons why item 23. is restricted
24.	M&G Quarterly Report View the reasons why item 24. is restricted
25.	Aegon Active Value Property Unit Quarterly Reports. View the reasons why item 25. is restricted
26.	IFM Investors Quarterly Report View the reasons why item 26. is restricted
27.	Christofferson Robb and Company Quarterly Report View the reasons why item 27. is restricted
28.	LaSalle Quarterly Report View the reasons why item 28. is restricted
29.	JP Morgan Quarterly Report View the reasons why item 29. is restricted
30.	Partners Quarterly Report View the reasons why item 30. is restricted
31.	Infracapital Greenfield partners Quarterly Report View the reasons why item 31. is restricted
32.	Stafford Timberland Quarterly Report View the reasons why item 32. is restricted
	Protection.
33.	Aegon Currency, IL Bonds and Short Dated Climate Transition fund Quarterly Reports. View the reasons why item 33. is restricted
34.	Any other items which the Chairman has decided to take as urgent.