STATEMENT OF INVESTMENT PRINCIPLES

The Statement of Investment Principles details the policy which controls how a pension fund invests. Local Government Pension Funds have been required by law to keep an up-to-date Statement of Investment Principles since 1999.
The Statement of Investment Principles must cover the Fund's policy on the following:
- Effective Decision Making
- Clear Objectives
- Focus on Asset Allocation
- Expert Advice
- Explicit Mandates
- Activism
- Appropriate Benchmarks
- Performance Measurement
- Transparency
- Regular Reporting










