Title
PRESENTATION CONCERNING THE 2017 INVESTMENT MANAGEMENT REPORT
Ms. Jennifer Cowles, Senior Manager of Corporate Finance and Investments and Mr. Thierry Rayaisse, Portfolio Manager provided a presentation concerning Investment Management.
Ms. Cowles and Mr. Rayaisse discussed slides concerning the following topics:
• The achievements of the investment management process associated with higher returns and innovative financing;
• A bar graph illustrating the savings associated with interest;
• A bar graph illustrating the reduced debenture issuance times by comparing past and present processes;
• The opportunities associated to diversification of financing options and cash flow forecasting;
• A graph illustrating the optimized use of cash between November 21, 2017 to February 20, 2018;
• A look ahead to market expectations, current portfolio and prudent investor standard;
• A graph illustrating the strategic asset allocation;
• Pie charts illustrating the portfolio diversification;
• A graph illustrating the current investment opportunities over a 10 year period;
• A graph illustrating asset allocation; risk versus return; and
• The prudent investor standard and diversification across asset classes.
Members of the Committee asked a number of questions and received responses from City staff.