Investments
Purpose
To advise the Finance and General Purposes Committee on the College’s investments and reserve funds.
| Membership | 2012-13 | |
| Ex officio | Principal or his nominee | Sir Tim Chessells |
| Appointed by the Finance & General Purposes Committee | Vacancy Mr Andrew Kennedy Mr Drummond Leslie |
|
| Secretary | Director of Finance | Mr Martin Grundy |
Quorum
Three members
Frequency of meetings
Twice a year
Reports to
Finance and General Purposes Committee
Terms of Reference
1. In accordance with such general policy or other guidance as may be approved from time to time by the Governing Body or the Finance and General Purposes Committee, and with advice from investment managers and advisers to deal with all matters relating to the investments of the College; except that in cases of urgency the Chair of the Committee or any two other members of the Committee may approve such action as they consider necessary.
2. To recommend to the Finance and General Purposes Committee the appointment of any investment managers and the period, terms and conditions relating to any such appointments.
3. To advise the Finance and General Purposes Committee on management of reserve funds, general investment policy and action and to report to the Committee.
4. To consider and deal as appropriate with such other issues or matters referred to it by the Finance and General Purposes Committee or the Principal.
