Item - 2021.IB11.5

Tracking Status

This item was considered by Toronto Investment Board on March 9, 2021 and was adopted with amendments.

IB11.5 - Asset Mix Review

Decision Type:: ACTION

Status:: Amended

Wards:: All

Board Decision

The Toronto Investment Board requested the Investment Consultant, in consultation with relevant City staff to compile information to help inform a conversation at the next meeting of the Toronto Investment Board on a potential asset mix study and report to the next meeting of the Board.

Origin

(February 18, 2021) Report from the Director, Capital Markets

Summary

The purpose of this report is to review and update the Toronto Investment Board regarding the risk and return profile of the current asset mix in light of the current market conditions as a result of events that happened during 2020 relating to COVID-19.

Background Information

(February 18, 2021) Report from the Director, Capital Markets on Asset Mix Review
https://www.toronto.ca/legdocs/mmis/2021/ib/bgrd/backgroundfile-164312.pdf
Attachment 1 - Toronto Investment Board - Asset Mix Review
https://www.toronto.ca/legdocs/mmis/2021/ib/bgrd/backgroundfile-164313.pdf

Motions

Motion to Adopt Item as Amended moved by Sharon Ranson (Carried)

That the Toronto Investment Board request the Investment Consultant, in consultation with relevant City staff to compile information to help inform a conversation at the next meeting of the Toronto Investment Board on a potential asset mix study and report to the next meeting of the Board.