Agenda item

Report of the Chamberlain.

The Board received the monthly review for April 2015, which detailed the list of current investments. Members queried the level of cash being held, and the Chamberlain confirmed this was owing to the commitment to the Crossrail which would be paid in March. In terms of individual investments, the Corporate Treasurer advised that the amount and rate was dependant on what was available on the day and the time of day. The Corporate Treasurer also advised that she was speaking to Capita about ranking the investments by sector.

RESOLVED – That the report be noted.