Issue - meetings

The Committee had before it a report by the Chief Officer – Finance which provided an update on the Under Armour class action and an update on various re-balancing changes.

Members heard from Mr Buntain in respect of the report and asked a number of questions.

The report recommended:-

that the Committee note the contents of the report for assurance.

The Committee resolved:-

(i)       to note the query around index-linked bonds both pre and post the negative impact on the bonds market around 2022/2023, and that Mr Buntain could provide examples of statistics prior to the crash; and

(ii)       to otherwise note the report.