Title
2024 INVESTMENT MANAGEMENT REPORT PRESENTATION
Geoff Waters, Chair of the City’s Investment Board provided a presentation regarding the 2024 Investment Management Report
Mr. Waters discussed slides concerning the following topics:
• The City’s market portpolio performance in 2024;
• Pie Charts illustrating the asset allocations;
• The highlights of the City’s performance funds (operating, capital and growth funds);
• The performance highlights (total return of assets/average weight by class/contribution to total return);
• A graph illustrating the City’s equities;
• A graph illustrating Corporate Bonds versus Government Bonds;
• A graph illustrating the increasing duration ahead of interest rate cuts;
• A graph illustrating Currency Exposure Canadian Investors versus American Investors;
• A graph illustrating portfolio rebalancing and how it positively impacted returns; and
• A summary of the market outlook and opportunities.
Members of the Committee asked a number of questions of Mr. Waters and received responses.