The Pension Fund Investment and Performance Sub-Committee of Scottish Borders Council met on 25 August 2025 to consider an investment manager briefing paper, and to receive presentations from Morgan Stanley, LGIM, and Baillie Gifford. The meeting also included a review of the minutes from their previous meeting. Some items were scheduled to be taken in private due to the likely disclosure of exempt information.

Investment Manager Briefing Paper

The committee was scheduled to consider a report by Isio, an investment advisory firm, referred to as an Investment Manager Briefing Paper.

Presentations

The Sub-Committee was scheduled to receive presentations from:

• Morgan Stanley, an investment management and financial services company.
• LGIM (Legal & General Investment Management), a large asset manager.
• Baillie Gifford, an investment management firm headquartered in Edinburgh.

Minutes

The minutes of the previous meeting held on 23 June 2025 were included for review. According to the Minute - 23 June 2025, the Sub-Committee previously received presentations from M&G, Partners Group, and CBRE.