Purpose

A report detailing the Warwickshire Investment
Fund Strategy and Business Plan.

Decision

Resolved
 
That Cabinet
 
1)   
approves the Warwickshire Investment Fund (“WIF”)
Investment Strategy attached at Appendix 2 to the report;
 
2)   
approves the WIF Business Plan attached at Appendix 3 to the
report;
 
3)   
delegates authority to the Executive Director for Resources, in
consultation with the Portfolio Holder for Finance and Property, to
make such minor modifications to the WIF Investment Strategy as are
considered appropriate but only where such changes do not reduce or
remove any of the current checks and balances on investments
included within the Strategy or Business Plan; and
 
4)   
notes that the WIF Investment Strategy coming into effect is
subject to Council approval of the wider Treasury Management
Statement and Investment Strategy under which the WIF Investment
Strategy and Business Plan sits.