Agenda item
Investment Strategy Report 2019/20
- Meeting of Executive, Tuesday, 19th February, 2019 6.00 pm (Item 73/E)
- View the background to item 73/E
Decision:
The Executive RECOMMENDED to Full Council that the Investment Strategy, as set out at Annex A to the report, be agreed.
Minutes:
The Executive considered a new investment strategy report for 2019/20, which met the requirements of statutory guidance issued by the government in January 2018.
Members were reminded that the Council invested money for two broad purposes, namely because it had surplus cash as a result of its day-to-day activities, known as treasury management investments, or in order to earn investment income. The strategy focused on the second of these categories.
RECOMMENDED to Full Council that the Investment Strategy, as set out at Annex A to the report, be agreed.
Supporting documents:
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