Home » Councillors and How the Council Works > Councillor Andy Wait > Stewart Russell Chorley > Attendance > Document > Agenda item

Agenda item

REVISED STATEMENT OF INVESTMENT PRINCIPLES AND MYNERS ACTION PLAN

Minutes:

The Investments Manager presented the report. She reminded Members that the Fund was legally required to produce a Statement of Investment Principles which incorporated a statement of compliance with the Myners Principles. The results of the Members’ self-assessment exercise on decision making were summarised in Appendix 7 and a suggested training framework outlined in Appendix 9.

 

A Member suggested that training sessions could be linked with Committee meetings and held on the same day. Another Member said that training should not aim at producing Members with a uniform mentality. The Investments Manager agreed, and said that attendance at conferences gave Members an opportunity to hear presentations expressing diverse viewpoints.

 

RESOLVED

 

1. To approve the revised Statement of Investment Principles.

 

2. To note the actions identified by the self-assessment of the decision making process.

 

3. To approve the Committee’s training programme.

Supporting documents: