Agenda and minutes

There were none.

RESOLVED that the Minutes of the meeting held on 19 November 2010 are correctly recorded and that they be signed by the Chairman.

Mr N Vickers referred to paragraph 46(1) of the Minutes of the meeting held on 19 November 2010 and confirmed that the item relating to the risk register of outside bodies would be brought to the Committee at its meeting on the 4 March 2011.

D1 - report by the Chairman of the Superannuation Fund Committee and the Head of Financial Services)

RESOLVED that:-

(a)               the admission to the Kent County Council Pension Fund of Project Salus  Community Interest Company Ltd be agreed; and

(b)               once legal agreements have been prepared for the matter referred to in (a) above, the Kent County Council seal can be affixed to the legal documents.

RESOLVED that the exempt Minutes of the meeting held on 19 November 2010 are correctly recorded and that they be signed by the Chairman.

(1)               Ms M Gorman and Mr R Hannam of State Street Global Advisors attended the meeting to give a presentation on Passive Equity Investing and answer Members questions.

(2)               RESOLVED that the report from State Street Global Advisors be noted.

(1)     Ms L Dewar and Mr W Sutcliffe of Baillie Gifford attended the meeting to give a presentation on Emerging Markets and answer Members questions.

(2)       RESOLVED that the report from Baillie Gifford be noted.

- report by the Chairman of the Superannuation Fund Committee and the Head of Financial Services)

(Mr J McDonald of Hymans Robertson was in attendance for this item)

The Committee agreed on how it wished to proceed with currency management.