Our Investment Consultant, Willis Towers Watson (WTW), has advised us that the portfolios in which we are invested have very limited direct exposure to Russia. They estimate the direct exposure to be less than 1% of the Fund value.

However, WTW have, in the downloadable article, highlighted possible scenarios which could play out depending on how the conflict develops. The Trustees will continue to closely monitor, in conjunction with Willis Towers Watson, the impact which the conflict has on our Fund.

Download the full report WTW Russian Ukrainian War possible implications for investors 2022