Item - 2026.IB16.7
Tracking Status
- This item was considered by the Toronto Investment Board on June 22, 2026. The Committee received the item for information only. No further action will be taken on this item.
- See also 2026.IB15.9
IB16.7 - Reopening Item IB15.9: Review of the Global Equity Mandates - Revisiting the Implementation Rationale
- Decision Type:
- ACTION
- Status:
- Received
- Wards:
- All
Board Decision
The Toronto Investment Board:
1. Re-opened Item IB15.9 - Review of the Global Equity Mandates - Revisiting the Implementation Rationale.
2. Received the item for information.
Summary
Over the past several meetings, the Toronto Investment Board has expressed energy to review the global equity mandates to determine whether there are opportunities to enhance the risk adjusted performance of the global equities exposure.
During our March meeting, we discussed and made a decision with respect to the passive component of the global equity mandate. However, there are still several additional considerations that should be addressed. These considerations include:
- The allocation of the global equity portfolio to active vs. passive managers
- The stylistic tilt of the active component of the global equity portfolio (i.e. value vs. growth)
- Specific strategies that are employed to implement the desired stylistic tilt
As a result, I am requesting to reopen IB15.9 and to focus our June discussion on the allocation between actives vs. passive and the stylistic tilt of the active component of the global equity portfolio.
Background Information
https://www.toronto.ca/legdocs/mmis/2026/ib/bgrd/backgroundfile-288395.pdf
Motions
That the item be received for information.