We have been handling our investment of non-pension funds through our Treasury for decades. The investment strategies and actual investing activities are managed by the Treasurer and her staff. We have a strong investment policy and an active investment committee that meets quarterly to ensure the division is meeting expectations. Recently, our County Council, decided that we should, in addition to the existing Treasury staff, bring on a 3rd party investment consultant so that "there would be someone to sue" in the event that an issue were to present itself. My questions are simple:
1. Are you handling your investments internally?
2. Do you currently utilize a 3rd party investment consultant?
I would greatly appreciate your feedback!
Thank you in advance,
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