Identity area
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- Investment Committee
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Description area
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History
An Investment Committee was first appointed at the Board meeting of May 4, 1893. Members were Dr. Burwash, Dr. Potts, Mr. Massey, Mr.Gooderham, Mr. Walker and Cosen. They first reported to the Board of Regents that year and continued to report until 1904. After that period, the Finance Committee made decisions over investments as well as its successor, the Finance and Property Committee. In 1960, the Investment Committee was re-established as a sub-committee of the Finance and Property Committee (later the Financial Management and Planning Committee). In 1992, the Investment Committee was made a standing committee to the Board of Regents distinct from the Financial Management and Planning Committee. Its purpose was to determine how funds belonging to the Endowment of Victoria University are to be invested as well as providing advice to the Board of Regents concerning investment activities. By 2018, the Investment Committee's purpose was "fiduciary responsibility for the management and long-term health of the University’s endowment investments and, additionally its pension investments."
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Status
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MB 2017
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Sources
Mandate of the Investment Committee - April 5 2018