Item - 2022.TA20.5
Tracking Status
- This item was considered by Board of Directors of the Toronto Atmospheric Fund on November 3, 2022 and was adopted without amendment.
TA20.5 - Rescission of Decision Respecting Item TA8.7 - Request for Investment and Hiring of a Second Fixed Income Manager
- Decision Type:
- ACTION
- Status:
- Adopted
Board Decision
The Board of Directors of Toronto Atmospheric Fund:
1. Rescinded approval of the Investment and the hiring of a Fixed Income Manager, as set out in parts 1 and 2 of Item TA8.7 – Request for Investment and Hiring of a Second Fixed Income Manager, considered by the Board on July 27, 2020.
Origin
(October 20, 2022) Report from the Chief Executive Officer, Toronto Atmospheric Fund
Summary
Rescission of a previous approval to hire a second Fixed Income Manager is recommended.
Background Information
(October 20, 2022)
Report from the Chief Executive Officer, Toronto Atmospheric Fund on Rescission of Decision Respecting Item TA8.7 - Request for Investment and Hiring of a Second Fixed Income Manager
https://www.toronto.ca/legdocs/mmis/2022/ta/bgrd/backgroundfile-229737.pdf
https://www.toronto.ca/legdocs/mmis/2022/ta/bgrd/backgroundfile-229737.pdf
Motions
Motion
to Adopt Item
moved by
Councillor Shelley Carroll
(Carried)