Local democracy

Issue - meetings

NORTHERN POOL - APPOINTMENT OF A COMMON CUSTODIAN

Meeting: 31/01/2019 - West Yorkshire Pension Fund Joint Advisory Group (Item 40)

40 NORTHERN POOL - APPOINTMENT OF A COMMON CUSTODIAN pdf icon PDF 76 KB

The Director, West Yorkshire Pension Fund, will present (Document “Z”) which advises Members of progress on the Northern Pool’s appointment of a common custodian bank.

 

Recommended –

 

That the report be noted.

 

(Ola Ajala – 01274 434534)

Decision:

Resolved –

 

That the report be noted.

 

ACTION: Director, West Yorkshire Pension Fund

 

Minutes:

The Director, West Yorkshire Pension Fund, presented (Document “Z”) which advised Members of progress on the Northern Pool’s appointment of a common custodian bank.

 

Members were referred to the discussion during Minute 39 and it was reiterated that the procurement process for a joint custodian for all the assets of the Pool should be completed by the end of the current financial year.

 

Resolved –

 

That the report be noted.

 

ACTION: Director, West Yorkshire Pension Fund