The Investment Strategy Statement (ISS) of Dyfed Pension Fund is required by regulation 7 of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016.
The regulations require administering authorities to formulate and to publish a statement of its investment strategy, in accordance with guidance issued from time to time by the Secretary of State.
The ISS is an important governance tool for the Fund. The document sets out the current investment strategy of the Fund, provides transparency in relation to how the Fund’s investments are managed, acts as a high level risk register, and has been designed to be informative for all stakeholders.
This document replaces the Fund’s Statement of Investment Principles.