Title
Q1 INVESTMENT PERFORMANCE REVIEW
Thierry Rayaisse, Portfolio Manager, and Jason Bayley, Investment Analyst, reviewed the City’s investment performance for the 2024 first quarter ending March 31, 2024.
Mr. Rayaisse and Mr. Bayley discussed slides concerning the following topics:
• The asset allocations for the prudent investor and operating portfolios;
• The investment income for money market, fixed income, and equity;
• The periodic returns for money market, fixed income, and equities (CAD);
• The annualized performance for the consolidated and prudent portfolios' total returns;
• The total return attributions for the consolidated and prudent portfolios;
• The performance by asset class for the operating, capital, and growth funds; and
• A summary of key statistics, trends, and phenomena related to the market.
The Investment Board members asked a number of questions to City staff and received responses.