Agenda item

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.

Decisions:

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.