Councillor Dr Rohit Kumar Dasgupta

Pensions Committee - Wednesday 11th December 2024 6.30 p.m.

The meeting discussed the state of the Newham Pension Fund and its administration. The committee noted a number of updates on the fund's investments and their performance, and heard updates on the work of the fund administrators, LPPA.

Themed, Council - Monday 21st October 2024 7.00 p.m.

The Council of Newham Council approved two motions, one regarding the establishment of a special task force to examine the causes of and possible solutions to the borough's temporary accommodation crisis, and one in support of the Labour government's national house building agenda. A motion calling on the council to adopt a number of policies advocated by the Green Party, including ending right to buy, introducing rent controls, and reforming council tax, was defeated.

Pensions Committee - Wednesday 16th October 2024 6.30 p.m.

The committee heard a presentation from Dr Barry McKay from Fathom Financial Consulting[^2] on the current state of the Global Economy. The committee also received a report on the administration of the Newham Pension Fund and approved the 2024-25 budget of £0.973m for the Local Pension Partnership Administration (LPPA)[^3]. The committee decided to approve the investment of c. £150m in the new LCIV Global Active Equity Value Fund[^4], financed by a c. £30m reduction in the LCIV Global Focus Fund and a c. £120m reduction in the LGIM Paris Aligned Global passive equity fund.

Council - Monday 16th September 2024 7.00 p.m.

The Council approved motions on the provision of public toilets in the borough, the transfer of planning powers from the London Legacy Development Corporation (LLDC) to the Council, and a motion cracking down on knife crime. The Council also approved the allocation of seats on council committees, and the adoption of a revised complaints procedure. A Green motion on child poverty and a Green amendment to the London City Airport motion were both defeated.

Pensions Committee - Wednesday 24th July 2024 7.00 p.m.

The Pensions Committee noted updates on the Newham Pension Fund's administration, business plan and investment strategy. They also agreed to consult on a draft revised Investment Strategy Statement, which includes details on how the fund will meet its six investment and governance objectives.