Investments Sub-Committee

Committee description

Secretary: Ms Karen Burns, Email: karenmb@liverpool.ac.uk

Terms of Reference

On behalf of the Council, to undertake the following duties:

a) To, advise the University on all issues relating to the investment of its monies, including any unapplied income, in such stocks, funds, shares or securities as the Council shall from time to time think fit, whether authorised by the general law for the investment of trust monies or not and whether within the United Kingdom of Great Britain and Northern Ireland or not, or in the purchase of freehold or leasehold land in the United Kingdom, including rents.

b) To advise the Council, through the Planning and Resources Committee, on the appropriateness of the investment strategy for the management of monies belonging to the University.

c) In pursuance of the responsibilities set out in a) above, to advise the University in relation to buying, selling, exchanging, leasing and accepting leases of real and personal property on behalf of the University.

d) To advise the Council, through the Planning and Resources Committee, on the appointment of fund managers.

e) Where portfolios are managed by external fund managers, to oversee the management of the portfolios, to set policy parameters, to monitor investment performance and to review periodically investment managements.

f) To monitor adherence to the Ethical Investment Policy by Fund Managers in terms of the principles and exemptions agreed by the University as part of its commitment to invest funds on a socially responsible basis.

g) To advise the Council, through the Planning and Resources Committee, on the appropriateness of the Ethical Investment Policy.

Reporting Relationship

The Investments Sub-Committee reports to the Planning and Resources Committee.

Frequency of Meetings

The Investments Sub-Committee usually meets on four occasions during the academic year.

Quorum

The quorum for meetings of the Investments Sub-Committee shall be three members.

Members or key people

The President of the Council Mrs C Booth
The Vice-Chancellor Professor Dame Janet Beer
The Director of Finance Ms N Davies
Guild of Students Representative Ms C Field

Up to six members appointed by the Council, who may or 
may not be members of the Council and who shall include
individuals with financial and investment management
expertise

Mr E Fishwick (Chair) (2017-20)
  Mr S Burrows (2018-21)
  Professor B Gibson (2020-23)
  Mr J Rathbone (2018-21)
  Mr P Tod (2020-23)

 

Meeting dates

  • 22 September 2020, 12 noon
  • 24 November 2020, 11.00 am
  • 9 February 2021, 11.00 am
  • 25 May 2021, 11.00 am

A full schedule of Committee meeting dates can be viewed here.‌