Mehzabeen Patel

Pensions Committee Officer

Pensions Committee - Tuesday, 30 September 2025 7:00 pm

The Barking and Dagenham Pensions Committee met to discuss the draft pension fund accounts for 2024/25, receive an update from Grant Thornton, review the quarterly monitoring report, and consider a responsible investment policy. The committee approved the Responsible Investment Policy and deferred a decision on which London CIV Infrastructure fund to invest in, pending the outcome of the Strategic Asset Review expected in January 2026, and agreed to delegate to the Strategic Director Resources in consultation with the Chair and Deputy Chair the London CIV preferred way forward on replacing Newton and Pyrford Diversified Growth Funds, and agreed the adoption of Investment Management Agreements between the LCIV and the investment manager for the mandates the Fund currently has with Kempen, UBS, Blackrock, Hermes and Patria.