To declare any Committee member’s interests in matters appearing on the agenda.

To approve the minutes of the meeting held on 16 February 2011.

To report performance, investment activity and the latest portfolio valuation.

To note the fund managers’ quarterly reports, approve the proposed investment policies and agree the fund’s overall approach to asset allocation.  (Commentaries and presentations to be given by William Marshall, Hymans Robertson, and Mark Fullwood and Alistair Sayer, Henderson Global Investors.)

To update on the decision taken at the previous meeting relating to the fund’s strategic asset allocation.

To note the recently issued CLG consultation on possible further revision of the LGPS Investment Regulations.

To review the statutory content of the 2010/11 Pension Fund Annual Report.

To report the outcome of the 2010 triennial Valuation.

To inform the Committee of the final Report of the Independent Public Service Pensions Commission.