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Meeting Details

Meeting Summary
Investment Review Board
16 Nov 2022 - 11:00 to 13:00
Occurred
Remotely by MS Teams
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  • Documents
  • Attendance
  • Visitors
  • Declarations of Interests

Documents

Agenda

Agenda
Notification
Membership Section
Standard Items
Recording of Meeting
This meeting will be recorded for subsequent broadcast via the Council's internet site. If you have any queries regarding this please contact Committee Services at democratic-services@renfrewshire.gov.uk To find the recording please follow the link which will be attached to this agenda once the meeting has concluded.
Prior to the commencement of the meeting, the Convener intimated that this meeting of this Board would be recorded and that the recording would be available to watch on the Council’s website.
 
Items Of Business
Apologies
Apologies from members.
Declarations of Interest
Members are asked to declare an interest in any item(s) on the agenda and to provide a brief explanation of the nature of the interest.
There were no declarations of interest intimated prior to the commencement of the meeting. 
1 Minute of Previous Meeting
Minute of previous meeting held on 21 June 2022.
1
There was submitted the Minute of the meeting of the Investment Review Board held
on 22 June 2022.

DECIDED: That the Minute be approved. 

2 Paisley and Renfrew Common Good Funds: review of investment and income performance
Report by the Director of Finance & Resources. (Copy to follow).
2
There was submitted a report by the Director of Finance and Resources together with
a presentation by K Kapitan from Hymans Robertson LLP, relative to the Paisley and
Renfrew Common Good Funds, a review of investment income and the key issues
pertaining thereto. G Brisbane, Head of Charities (Scotland) abrdn (formerly
Aberdeen Standard Capital Limited) also provided a presentation relative to the
Paisley and Renfrew Common Good fund investments performance.

The presentations referred to a review of the Investment Managers’ performance for
the six months to 30 September 2022;  an update of markets; and the current economic climate.

DECIDED: That the report and presentations be noted.

3 Paisley and Renfrew Common Good Funds: review of annual income targets
Report by the Director of Finance & Resources.  (Copy to follow).

Supplementary Agenda

Agenda
Notification
Membership Section
Standard Items
Apologies
Apologies from members.
Declarations of Interest
Members are asked to declare an interest in any item(s) on the agenda and to provide a brief explanation of the nature of the interest.
Items Of Business
To Follow Item

I refer to the agenda for the meeting of the Investment Review Board to be held on 16 November 2022 at 11: 00 am and enclose the undernoted reports relative to items 2 and 3 previously marked 'to follow':

2 Paisley and Renfrew Common Good Funds: review of investment and income performance -2
Report by Director of Finance & Resources.
3 Paisley and Renfrew Common Good Funds: review of Investment Policy Statement
Report by Director of Finance & Resources.

Attendance

Attended - Other Members
Name
No other member attendance information has been recorded for the meeting.
Apologies
NameReason for Sending Apology
No apology information has been recorded for the meeting.
Absent
NameReason for Absence
No absentee information has been recorded for the meeting.

Declarations of Interests

Member NameItem Ref.DetailsNature of DeclarationAction
No declarations of interest have been entered for this meeting.

Visitors

Visitor Information is not yet available for this meeting