Title
PRESENTATION CONCERNING THE 2022 INVESTMENT MANAGEMENT REPORT
Craig Millar, Chief Financial Officer introduced Chairman, Geoff Waters of the Investment Board.
Geoff Waters Chair of the City’s Investment Board provided a presentation regarding the 2022 Investment Management Report.
Mr. Waters discussed slides concerning the following topics:
• A 2022 year in review;
• A bar graph illustrating the performance of asset types;
• A graph illustrating the negative returns on bonds and stocks;
• The investment strategies and performance of the total fund;
• Pie charts illustrating asset allocation by class and fund;
• An overview of short duration strategy performance;
• A line graph demonstrating the historical yield of GICs;
• A bar graph illustrating sector allocation relative to the benchmark;
• A line graph illustrating dollar cost averaging for the equity portfolio;
• A line graph illustrating currency performance; and
• A market outlook and opportunities.
Members of the Committee asked questions of Mr. Waters and received responses.