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School Teachers' Fund - Investment Strategy

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A decision made (12.05.08) to approve the Investment Strategy for the School Teachers Pension Fund.

Decision Reference:  MD-TR-2008-0059

Decision Summary Title:

School Teachers Pension Fund – Statement of Investment Principles

Date of Decision Summary:

6th May 2008

Decision Summary Author:

George Butler – Strategic Investments Manager

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Oral and Written

Person Giving

Oral Report:

George Butler – Strategic Investments Manager

Written Report

Title:

STPF - Management Board’s Statement of Investment Principles

Date of Written Report:

6th May

Written Report Author:

George Butler – Strategic Investments Manager

Written Report :

Public or Exempt?

Public

Subject: 

School Teachers Pension Fund – Statement of Investment Principles

 

Decision(s):

The Minister approved the Investment Strategy for the School Teachers Pension Fund – as detailed in the Board of Management’s Statement of Investment Principles.

 

Reason(s) for Decision:

The Teachers’ Superannuation (Administration) (Amendment) (Jersey) Order 2007 requires the Minister for Treasury and Resources to approve the Investment Strategy for the School Teachers Pension Fund. Responsibility for the formation of the strategy rests with the Management Board who, in conjunction with its investment advisor Hewitt, has produced the Statement of Investment Principles tabled for the Minister’s consideration. The proposed investment strategy represents a continuation of the existing strategy.

 

Resource Implications:

There are no financial or manpower Implications.

 

Action required:

Strategic Investments Manager to inform the Management Board of the Minister’s approval of the Investment Strategy.

Signature:

 

 

 

 

Position: Senator T A Le Sueur, Minister for Treasury and Resources

 

                  

 

Date Signed: 12th May 2008

Date of Decision: 12th May 2008

 

 

 

 

 

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