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Passive Investment Transition - UBS

Meeting: 26/02/2018 - Pension Committee (Item 57)

Passive Investment Transition - UBS

Minutes:

57.1     The Committee received a presentation on the transition of the East Sussex Pension Fund’s passive investments to UBS.

57.2     The Committee expressed significant concern about the cost of transitioning passive funds to UBS, including the new Life Climate Aware World Equity Fund.

57.3     The Committee RESOLVED to note the presentation.