Investment Committee - Terms of Reference

To advise the Board on the Authority's investment objectives, guidelines and strategies, having regard to such classes or descriptions of investment as the Financial Secretary may specify in writing.
To monitor and oversee the investments made by the Authority and advise the Board on the Authority's strategic asset allocations to optimize its risk / return / liquidity objectives.
To advise the Board on the selection and appointment of investment consultants, fund managers and custodians and their terms and conditions.
To oversee and monitor the performance of investment consultants, fund managers and custodians appointed by the Authority; and to advise the Board on their performance and retention/termination, and the allocation of funds to fund managers.
To perform any other functions as may be delegated to it by the Authority or assigned to it by the Board in accordance with the WKCDA Ordinance.