Secretary: Karen Burns, Email: firstname.lastname@example.org
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 Finance 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 Finance 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 Finance and Resources Committee, on the appropriateness of the Ethical Investment Policy.
The Investments Sub-Committee reports to the Finance and Resources Committee.
Frequency of Meetings
The Investments Sub-Committee usually meets on four occasions during the academic year.
The quorum for meetings of the Investments Sub-Committee shall be three members.