Agenda and draft minutes

Special Meeting, Investment Committee - Friday, 22nd March, 2024 11.00 am

Venue: Committee Rooms, 2nd Floor, West Wing, Guildhall

Contact: Ben Dunleavy  Email: ben.dunleavy@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

 ...  view the full agenda text for item 1.

Minutes:

Apologies for absence have been received from Deputy Henry Colthurst, Alderman Alison Gowman, Deputy Christopher Hayward, and Paul Singh.

 

Deputy Simon Duckworth, Judith Pleasance and Paul Singh observed the meeting virtually.

 ...  view the full minutes text for item 1.

2.

Members' Declarations under the Code of Conduct in respect of items on the Agenda

 ...  view the full agenda text for item 2.

Minutes:

The Town Clerk noted Mr Brooks Wilson’s standing declarations. There were no other declarations.

 ...  view the full minutes text for item 2.

3.

Questions on matters relating to the work of the Committee

 ...  view the full agenda text for item 3.

Minutes:

There were no questions.

 ...  view the full minutes text for item 3.

4.

Any other Business that the Chair considers urgent

 ...  view the full agenda text for item 4.

Minutes:

There was no other business.

 ...  view the full minutes text for item 4.

5.

Exclusion of the Public

MOTION, that – under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of the Schedule 12A of the Local Government Act or relate to functions of the Court of Common Council which are not subject to the provisions of Part VA and Schedule 12A of the Local Government Act 1972.

 ...  view the full agenda text for item 5.

Minutes:

RESOLVED - That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of Schedule 12A of the Local Government Act.

 ...  view the full minutes text for item 5.

6.

City Fund Leadenhall Market - Asset Strategy

Report of the City Surveyor.

 ...  view the full agenda text for item 6.

Minutes:

Members received a report of the City Surveyor concerning Leadenhall Market.

 ...  view the full minutes text for item 6.

7.

Five Year Investment Strategy

 ...  view the full agenda text for item 7.

Minutes:

Before considering the report on the Statement of Investment Principles, the Chairman invited officers from the Investment Property Group to give a presentation on their 5 Year Investment Strategy.

 ...  view the full minutes text for item 7.

8.

Statement of Investment Principles (SIPs) for City Fund and City's Estate

Report of the Chamberlain.

 ...  view the full agenda text for item 8.

Minutes:

Members received a report of the Chamberlain concerning the statement of investment principles.

 ...  view the full minutes text for item 8.

9.

Investment Strategy Review - Beliefs Survey Results (City's Estate Financial Investments)

Report of the Chamberlain.

 ...  view the full agenda text for item 9.

Minutes:

Members received a report of the Chamberlain concerning the investment beliefs survey.

 ...  view the full minutes text for item 9.

10.

Taskforce on Climate-Related Financial Disclosures (TCFD) report to 31 March 2023

Joint Report of the Chamberlain and the City Surveyor.

 ...  view the full agenda text for item 10.

Minutes:

Members received a joint report of the Chamberlain and the City Surveyor concerning the Taskforce on Climate-Related Financial Disclosures.

 ...  view the full minutes text for item 10.

11.

Non-Public questions on matters relating to the work of the Committee

 ...  view the full agenda text for item 11.

Minutes:

There were no questions.

 ...  view the full minutes text for item 11.

12.

Any Other Business that the Chairman considers urgent and which the Committee agree should be considered whilst the public are excluded

 ...  view the full agenda text for item 12.

Minutes:

There was no other business.

 ...  view the full minutes text for item 12.