The agenda, reports and minutes of the latest meeting of the Strathclyde Pension Fund Committee are now available.
The committee approved a review of the SPF Direct Impact Portfolio (DIP). This included an increase in the target allocation from 5% to 7.5% of total SPF assets. That provides capacity for up to £1 billionof new investments with a local, environmental, social or governance impact over the next 5 years or so.
The committee noted that SPF's 2023/24 Annual Report & Financial Statements had now been fully audited and signed.
As at 30th September 2024:
- Total membership had increased to 287,645
- Total asset value was £30.9 billion
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