The Committee approved 4 new investment proposals for the Strathclyde Direct Investment Portfolio:
The Committee also approved a currency hedging strategy.
The Fund's total return for the quarter ending 30 June 2017 was +2.1% compared to the FTSE World index return of +0.5%.
The Fund's value as at 30 June 2017 was £20,057m.
The Fund's value as at 31 July 2017 was £20,092m.
One new employer has joined the Fund: City Building (Contracts) LLP.
One employer exit was confirmed during the quarter: Glasgow City Marketing Bureau.
Scheme membership increased over the quarter to 224,846 (95,555 employee members, 53,902 deferred and 75,389 pensioners).