Members noted the circulated, addendum report, which amended the Court Deputy Investment Strategy for Client Funds previously attached as Appendix 1 to the main report.
1. That the Court Deputy Investment Strategy for Client Funds detailed at Appendix 1 of the addendum report, be approved.
2. That a procurement exercise be undertaken to appoint financial advisors to provide investment advice for clients with capital of more than £50,000, in accordance with the Strategy.
Reason for Decisions:
To provide a framework for the investment of Court Deputy client funds, to ensure compliance with relevant standards and statutes.
Implementation of Decisions:
The decisions will be implemented after the three day call in period.