Decision Maker: West Yorkshire Pension Fund Advisory Panel

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: October 23, 2025

Purpose:

Content:   Resolved –   1.          That the report be noted.   2.           That members approve a change of the Fund’s current strategic benchmark:   3.     Remove the Fund’s 2.5% benchmark allocation to globalsovereign bonds.   4.     Increase the Fund’s allocation to both UK Sovereign(nominal) government bonds and UK Sovereign (indexlinked) government bonds from 5% to 6.25%.   To be actioned by: The Managing Director, WYPF.