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Investment Committee - Monday, 1st December, 2025 11.00 am

December 1, 2025 View on council website

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Summary

The Investment Committee of the City of London Corporation met on Monday, 1 December 2025 to discuss the City Surveyor's business plan, treasury management, and risk management. The committee was also scheduled to discuss several items relating to the City's Estate1 in a non-public session.

City Surveyor Revenue Budgets

The Investment Committee was scheduled to discuss and make a decision regarding the City Surveyor revenue budgets for the City Fund and the City's Estate for the budget estimates in 2026/27.

Risk Register Update

The Investment Committee was scheduled to review and make decisions on updates to the Risk Register. The Risk Register is a document that identifies and assesses potential risks to the City of London Corporation's investments and operations.

Treasury Management

The Investment Committee was scheduled to receive two reports from the Chamberlain2 regarding treasury management. These included the Treasury Management Mid Year Review as at 30 September 2025, and the Treasury Management Update as at 31 October 2025. The reports provided updates on the City of London Corporation's investment performance and treasury activities.

City Surveyor's Business Plan

The Investment Committee was scheduled to receive an update on the City Surveyor's Business Plan 2025-30 for Quarter 2 of 2025/26.

Puddle Dock Area

The Investment Committee was scheduled to receive an update on the potential development site in the Puddle Dock area from the City Surveyor.

10-12 Brewery Road - Major Refurbishment

The Investment Committee was scheduled to discuss a major refurbishment project at 10-12 Brewery Road which is part of the City's Estate Designated Sales Pool. The report pack noted that this discussion would take place in a non-public session.

Performance Monitoring

The Investment Committee was scheduled to discuss performance monitoring in a non-public session. This included a quarterly report to 30 September 2025 from Mercer, and a report from the Chamberlain on performance monitoring of the City's Estate to the same date.

City's Estate Dashboard

The Investment Committee was scheduled to receive the City's Estate Dashboard as at 30 September 2025. The report pack noted that this discussion would take place in a non-public session.

Sir William Coxen Trust Fund

The Investment Committee was scheduled to make a decision on the Sir William Coxen Trust Fund performance monitoring to 30 September 2025. The report pack noted that this discussion would take place in a non-public session.

Hampstead Heath Trust Investment

The Investment Committee was scheduled to receive a report on the Hampstead Heath Trust Investment performance monitoring to 30 September 2025. The report pack noted that this discussion would take place in a non-public session.

Charities Pool Investment

The Investment Committee was scheduled to receive a report on the Charities Pool Investment performance monitoring to 30 September 2025. The report pack noted that this discussion would take place in a non-public session.

City Fund and City's Estate Cashflow

The Investment Committee was scheduled to receive a quarterly update on the City Fund and City's Estate cashflow and capital realisation. The report pack noted that this discussion would take place in a non-public session.

Delegations Request

The Investment Committee was scheduled to make a decision on a delegations request, based on a report from the City Surveyor. The report pack noted that this discussion would take place in a non-public session.


  1. The City's Estate refers to the property portfolio owned by the City of London Corporation. 

  2. In the City of London Corporation, the Chamberlain is the Chief Financial Officer. 

Attendees

Profile image for Shahnan Bakth
Shahnan Bakth Coleman Street
Profile image for Prem Goyal CBE (Alderman)
Prem Goyal CBE (Alderman) Alderman • Portsoken

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet 01st-Dec-2025 11.00 Investment Committee.pdf

Reports Pack

Public reports pack 01st-Dec-2025 11.00 Investment Committee.pdf
Non-Public Appendices Pack 01st-Dec-2025 11.00 Investment Committee.pdf

Additional Documents

1. Treasury Management - Mid Year Review 2025-26_FINAL.pdf
2. Treasury Management Update as at 31 October 2025_FINAL.pdf
2.2 City of London Corporation Client Specified Rates Monthly Investment Report October 2025_FINAL.pdf
2.3 Treasury Management Update as at 31 October 2025_Appendix 3_FINAL.pdf
01 - The City Surveyors Business Plan.pdf
Draft 02 - Appendix A - Budget Monitoring Statement Q2.pdf
Draft 03 - Appendix B - Key Performance Indicator Table.pdf
01 - Risk Register Update for Investment Committee.pdf
02 - Appendix A.pdf
03 - Appendix B.pdf
04 - Appendix C.pdf
Forward Plan_To Update csd updated.pdf
05 - Appendix D.pdf
Draft Public Minutes - Investment Committee - October 2025.pdf