wales PENSION PARTNERSHIP

joint governance committee

 

20 september 2019

 

 

PERFORMANCE REPORTS AS AT 30 JUNE 2019

RECOMMENDATIONS / KEY DECISIONS REQUIRED:

 

To note the performance reports of the following sub funds as at 30 June 2019:

·        WPP Global Growth Fund, and

·        WPP Global Opportunities Fund.

REASONS:

 

Northern Trust have prepared performance reports for both the WPP Global Growth Fund and WPP Global Opportunities Fund as at 30 June 2019.

                                                  




 

 

 

 

 

 

 

Report Author:

Chris Moore

 

Designation:

Director of Corporate Services

Carmarthenshire County Council

 

Tel No. 01267 224160

 

E. Mail: CMoore@carmarthenshire.gov.uk

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXECUTIVE SUMMARY

 JOINT GOVERNANCE COMMITTEE

 

PERFORMANCE REPORTS AS AT 30 JUNE 2019

                                                                             

Northern Trust have provided performance reports for the WPP Global Growth Fund and WPP Global Opportunities Fund as at 30 June 2019.

 

The summary reports attached show the performance of both these funds.

 

WPP Global Growth Fund:

·        Market Value as at 31 March 2019 – £2,081,211,751

·        Market Value as at 30 June 2019 – £2,204,139,517

·        An increase of 5.9% during the last quarter

 

WPP Global Opportunities Fund:

·        Market Value as at 31 March 2019 – £1,974,027,029

·        Market Value as at 30 June 2019 – £2,114,503,736

·        An increase of 7.1% during the last quarter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

20 SEPTEMBER 2019

 

DETAILED REPORT ATTACHED?

YES

 

 

IMPLICATIONS

 

 

Policy, Crime & Disorder and Equalities

Legal

Finance

Risk Management Issues

Staffing Implications

NONE

 

NONE

 

YES

 

NONE

 

NONE

 

Finance

The market values of both funds have increased during the last quarter. WPP Global Growth Fund has increased by 5.9% from £2,081,211,751 to £2,204,139,517 and the WPP Global Opportunities Fund has increased by 7.1% from £1,974,027,029 to £2,114,503,736

 

 

 

 

CONSULTATIONS

 

Details of any consultations undertaken are to be included here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Section 100D Local Government Act, 1972 – Access to Information

List of Background Papers used in the preparation of this report:

THESE ARE DETAILED BELOW

Title of Document

 

File Ref No.

Locations that the papers are available for public inspection/WEBSITE LINK