The Pension Fund Investment and Performance Sub-Committee of Scottish Borders Council was scheduled to consider reports from investment managers and receive presentations from M&G, Permira, and Partners Group. The meeting was also scheduled to review the minutes of a previous meeting and discuss any arising matters.

Investment Manager Briefing Paper

The Sub-Committee was scheduled to consider a report by Isio¹. This report was expected to provide an overview of investment manager performance and related matters.

Presentations from Investment Managers

The meeting was scheduled to include presentations from three investment management firms:

• M&G: A presentation from M&G was scheduled, covering their investment strategies and performance.
• Permira: Permira was scheduled to deliver a presentation, likely detailing their investment approach and fund performance.
• Partners Group: The Sub-Committee was scheduled to receive a presentation from Partners Group, which would have outlined their investment activities and outlook.

Summary Discussion

Following the presentations, a summary discussion was scheduled. This item was intended to provide members with an opportunity to discuss any issues arising from the presentations and to summarise their views on the performance, approach, and key issues identified in relation to the investment managers.

Private Business

The Sub-Committee was scheduled to consider items that were likely to involve the disclosure of exempt information. This would have required a motion to be approved under Section 50A(4) of the Local Government (Scotland) Act 1973² to exclude the public from the meeting for these specific agenda items. Following this, a private minute from the meeting held on 24 August 2026 was scheduled for consideration.