Dear Sir/Madam,

I am seeking information about the value of the pension fund administered by your authority, as well as the value of specific holdings and dividend income from those holdings.

Please provide whatever answers you can to the following.

1. What is the most recent available value of the pension fund your organisation administers?

2. What is the latest available value of the fund’s directly-held investment in shares or bonds of the following companies: BAE Systems, Raytheon, Airbus, Northrop Grumman, Lockheed Martin, Honeywell.

3. What was the value of these holdings a year before the most recent valuation given above, or at the most recent previous valuation?

4. What dividend income and/or bond yield did the fund receive from these investments in the last 12-month period for which records are available?

4. Does the fund have any other investments in these companies via pooled investments? What is the value and dividend income from these investments?

If you require clarification on any of the above questions, please get in touch on 0203 353 3616, or 07415154041 or email me at [email address].

Yours faithfully,

Rob Davies

Access 2 Info (Commissioning Communities and Policy), Derbyshire County Council

Dear Mr Davies,

I refer to your request for Information received on 17 October 2018.

We will be dealing with your request under the Freedom of Information Act 2000. In accordance with the legislation, the deadline for responding is 20 working days from the receipt of the request, this being 14 November 2018. However, we shall endeavour to deal with your request promptly, and if possible before this date.

Yours Sincerely

Justin Hird
Legal Assistant
Derbyshire County Council
County Hall
Matlock
DE4 3AG

Telephone: 01629 539336

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Catherine Bedford (Commissioning Communities and Policy), Derbyshire County Council

2 Attachments

 

Dear Rob

 

Thank you for your request dated 17th October 2018.

 

I can confirm that we hold the requested information.

 

Your enquiry was as follows:

 

Dear Sir/Madam,

 

I am seeking information about the value of the pension fund administered
by your authority, as well as the value of specific holdings and dividend
income from those holdings.

 

Please provide whatever answers you can to the following.

 

1. What is the most recent available value of the pension fund your
organisation administers?

 

2. What is the latest available value of the fund’s directly-held
investment in shares or bonds of the following companies: BAE Systems,
Raytheon, Airbus, Northrop Grumman, Lockheed Martin, Honeywell.

 

3. What was the value of these holdings a year before the most recent
valuation given above, or at the most recent previous valuation?

 

4. What dividend income and/or bond yield did the fund receive from these
investments in the last 12-month period for which records are available?

 

4. Does the fund have any other investments in these companies via pooled
investments? What is the value and dividend income from these investments?

 

If you require clarification on any of the above questions, please get in
touch on 0203 353 3616, or 07415154041 or email me at
[1][email address].

 

Yours faithfully,

 

Rob Davies

 

 

 

The request has been considered under the Freedom of Information Act 2000.
The response to your request is as follows:

 

Question 1. The value of the Derbyshire Pension Fund at 30^th September
2018 is £4,950,564,128.

Questions 2,3 and 4 is answered in the table attached.

Question 4. The Derbyshire Pension Fund does invest in pooled vehicles
which may invest in Aerospace and Defence related investments, but the
Pension Fund is unable to provide a look-through analysis of these pooled
vehicles.

 

                         

I hope this now satisfies your request.

 

However should you wish the outcome to be reviewed, please follow the
procedure as set out below:-

 

If you wish to challenge this decision further, please send your comments
to:

Stage 1

 

Access to Information Officer

Legal Services

Derbyshire County Council

County Hall

Matlock

DE4 3AG

01629 538373

[2][Derbyshire County Council request email]

 

Stage 2

After completing the above procedure, if you wish to challenge the
decision further, then you have a right to contact the Information
Commissioner’s Office as follows:

Information Commissioner’s Office

Wycliffe House

Water Lane

Wilmslow

Cheshire

SK9 5AF

Tel: 0303 123 1113/Fax: 01625 524510

[3]www.ico.org.uk/complaints.aspx

 

 

 

Catherine Bedford [4][IMG]| Business Services Officer – Investments |
Direct dial 01629 539191

Investments Group Email : [5][email address] | Fax
01629 538969

Derbyshire County Council as administering authority for the Derbyshire
Pension Fund  County Hall, Matlock, Derbyshire DE4 3AH

 

   Visit us at [6]derbyshirepensionfund.org.uk

 

Change lives – foster for Derbyshire. Find out more on our [7]website.

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this email?

Derbyshire County Council works to improve the lives of local people by
delivering high quality services. You can find out more about us by
visiting 'www.derbyshire.gov.uk'. If you want to work for us go to our job
pages on 'www.derbyshire.gov.uk/jobs'. You can register for e-mail alerts,
download job packs and apply on-line.

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