The Camden Pension Board is scheduled to convene on Wednesday, 4 November 2026, with a key item on the agenda being an update report from the Pension Committee. This report will summarise discussions and decisions from the Pension Committee's meetings on 16 July 2026 and 21 October 2026, focusing on the performance of the Pension Fund and its investments.

Pension Committee Update Report

The Pension Board is set to receive an update report detailing the activities of the Pension Committee. This report will cover the Pension Fund's performance up to 31 March 2026 and 30 June 2026, providing details on investment values, asset class allocations, and manager performance. The report highlights that as of 31 March 2026, the Fund's market value was £2.397 billion, and by 30 June 2026, it had increased to £2.644 billion. The report also details the performance of various investment managers and asset classes, including global equities, fixed income, commodities, and real assets.

The update will also cover engagement activities undertaken by the Local Authority Pension Fund Forum (LAPFF), focusing on themes such as climate transition, human capital, and human rights. Furthermore, the report will address the progress of LGPS pooling reforms through the London Collective Investment Vehicle (LCIV), including the implementation of investment strategies and responsible investment frameworks. The report will also summarise the implications of new statutory guidance on LGPS fund governance, which came into force on 29 June 2026, and outlines the requirements for knowledge and understanding, the appointment of an LGPS senior officer, and independent governance reviews. Finally, the report will provide an update on the preparations for consultation on the Responsible Investment Policy and Investment Strategy Statement.

The Pension Board's role is to assist the Pension Committee in ensuring compliance with Scheme Regulations, other legislation relating to governance and administration, and the requirements of the Pension Regulator, as well as ensuring the effective and efficient governance and administration of the scheme.

The meeting is scheduled to take place at 3:00 PM in Committee Room 4, Town Hall, Judd Street, London WC1H 9JE. Attendees will include Councillor Camron Aref-Adib (Chair), Ashleigh Calf, and Chandni Patel.