Title
2016 INVESTMENT MANAGEMENT UPDATE PRESENTATION
Thierry Rayaissé, Supervisor of Investment and Debt Management provided a presentation to the Committee concerning the 2016 Investment Management Update.
Mr. Rayaissé discussed slides concerning the following topics:
• The achievements associated with establishing the infrastructure framework, improving returns and innovative financing;
• The details associated with the infrastructure set-up;
• The improved cash yield, investment activities and reduced debt servicing costs;
• The challenges and opportunities associated with the low yield environment, cash flow forecasting and policies and processes; and
• A look ahead to management of assets and liability, cash flow matching and duration matching.
Members of the Committee asked a number of questions and related to the information provided and received responses from City staff.