To receive and consider the report of the Responsible Financial Officer.
Minutes:
The Committee received and considered the report of the Responsible Financial Officer (RFO) along with an updated Investment Strategy.
There was a question on the numbering of the points as well as requests for minor amendments to the Investment Objectives section on page 2 to ensure it read clearly.
Resolved:
1. That the Annual Investment Strategy 2024/25 is formally approved by the Committee, and subsequently Full Council on 17 February 2025 subject to the above amendments.
2. That this report is approved and:
(i) That the report on annual investment activity for the previous financial year (in this case, 2024-25) is presented at the meeting of this Committee in June 2025 and,
(ii) That the Investment Strategy for 2025-26 is considered in the July 2025 cycle of meetings.
Supporting documents: