https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4326416&GUID=87C56A58-6AAB-4C1D-BEDE-E65696D22F2CLegistar15https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4326416&GUID=87C56A58-6AAB-4C1D-BEDE-E65696D22F2C87C56A58-6AAB-4C1D-BEDE-E65696D22F2C-2022-11-18-18-12-14Title: INVESTMENT MANAGEMENT PROGRAM: CONTEXT AND MANDATE Thierry Rayaisse, Portfolio Manager provided an overview concerning the investment management program. Mr. Rayaisse discussed slides concerning the following topics: · The legislative framework associated to the governance of the Investment Board; · A chart illustrating the increases in average capital, investment income and return from 2016 to 2018; · A chart illustrating the results achieved by the implementation of the Investment Management Strategy from 2016 to 2018; · The capital allocation processes; · The 2018 performance attributions associated to the City’s overall investment portfolio; · The forecasting of the City’s revenue and expenses based on the 2018 financial statements; · Charts illustrating the 10 Year Capital Plan; · A summary of the Prudent Investment Standard; · Information associated to the Investment Policy Statement and the Investment Plan; and · The next steps and timelines for the Investment Board. The Board members asked a number of questions and received responses from City staff.Fri, 18 Nov 2022 18:12:14 GMT