An external member appointed by Finance Committee (Chair)
Mr Rod Roberts
31 December 2013
2 external members, one of whom may also be a member of Finance Committee
Mr Paul Gregg Mr Leigh Horne
31 December 2015 31 December 2014
Chief Operating Officer (ex officio)
Mr David Clerk
Ms Belinda Webster
Attendees External investment advisor Assistant Director Financial Services
Pitcher Partners Mr John Clements
Terms of Reference
To provide oversight and stewardship of the UTAS investment portfolio, including Treasury funds and Foundation funds (entirety of funds managed).
To develop, review and recommend to Finance Committee and Council the University's Investment Policy (policy setting).
To assess the University's risk and return profile and approve investment strategies in order to meet approved investment objectives (risk and strategy).
To evaluate, and approve investment decisions based on advice from the appointed investment advisor and University management. Outcomes are to be reported to Finance Committee and Council as appropriate and actioned by University management (investment decisions including fund manager hires).
To monitor investment performance against the Investment Policy requirements and report on these to Finance Committee and Council (monitor & report).
To assess and recommend to Finance Committee and Council the appointment and termination of the independent investment advisor and consultants (advisor management).
To recommend to Finance Committee and Council for approval the rules for withdrawing funds from the investment portfolio for operational purposes (rules for access to funds).