Investment Subcommittee of the Finance and Audit Committee


Terms of Reference
Composition and membership
Meeting dates
Contact
Meeting agendas and papers

Terms of Reference

The role of the Investment Subcommittee is to monitor and advise the Finance and Audit Committee on:

  • matters relating to the University’s investment portfolio with particular reference to:
    i. the appropriateness of investment policies
    ii. the success of investment strategies
    iii. the sustainability of investment activities
  • strategies for the management of University investments, including policies, mandates, asset allocations, earnings targets, spending goals, and financial risks
  • recommendations for the University’s Future Fund
  • recommendations for major capital expenditure projects and strategic initiatives which are funded entirely from the Future Fund, including advice on the investment mandate for the Future Fund, which balances support for a broad range of core University objectives with seeking to achieve appropriate commercial returns.

The subcommittee’s Terms of Reference are reflected in the University of Sydney (Delegations of Authority – Administrative Functions) Rule 2016 (‘the Delegations’), and can be downloaded as a PDF.


Composition and membership

Position

Name

Term of office

Chair appointed by Senate (Not a staff or student Fellow)

David Mortimer AO

Current term as Chair

January 2018 – May 2019

Previous terms as Chair of the Investment and Commercialisation Committee

March 2012 – May 2014

May 2014 – May 2016

May 2016 – December 2017

Previous term as member of the Investment and Commercialisation Committee

May 2010 - March 2012

ex-officio members:

Chancellor

Belinda Hutchinson AM

Current term as Chancellor

February 2017 – February 2021

Previous term as Chancellor

February 2013 – February 2017

Deputy Chancellor

Richard Freudenstein

Current term as Deputy Chancellor

December 2017 – March 2020

Vice-Chancellor

Dr Michael Spence AC

Current term as Vice-Chancellor

July 2013 – December 2020

Previous term as Vice-Chancellor

July 2008 – June 2013

Chair of the Finance and Audit Committee

Karen Moses

Current term as Chair of the Finance and Audit Committee

January 2018 – May 2020

One Fellow of Senate appointed by Senate after consultation by the chair of the subcommittee with the Chancellor and the Vice-Chancellor

 

Dr Lisa McIntyre

Current term

January 2018 – May 2019

A minimum of one and up to two external members with appropriate professional expertise and experience, appointed by Senate on the recommendation of the chair of the subcommittee.

 

Richard Facioni

Current term

January 2018 – May 2019

Senate may, on the advice of the subcommittee, or of its own volition, co-opt additional members as required.

 

Ian Macoun

Current term

May 2018 – May 2019

Previous terms

January 2018 – May 2018

As member of the Investment and Commercialisation Committee

March 2010 – March 2012

March 2012 – May 2014

May 2014 – May 2016

May 2016 – May 2017

May 2017 – December 2017

 

Andrew Spence

Current term

May 2018 – May 2019

Previous terms

January 2018 – May 2018

As member of the Investment and Commercialisation Committee

March 2010 – March 2012

March 2012 – May 2014

May 2014 – May 2016

May 2016 – December 2017

Attendees

Vice-Principal (Operations)

 

Stephen Phillips

 

Chief Financial Officer

 

Wayne Andrews

 

Chief Investment Officer

 

Miles Colins

 

Others determined by the Chair

 

 


2018 meeting dates

Meeting date

Time

Wednesday 28 February

8am

Wednesday 30 May

8am

Wednesday 29 August

8am

Wednesday 14 November

8am


Contact

Executive Officer, University Secretariat
Linda Goodman
T +612 8627 6301
E


Meeting agendas and papers

Meeting agendas and papers are distributed to Subcommittee members by the University Secretariat.