Seeking two new two Co-Opted Members for the Investment Advisory Committee

We are looking to appoint two new Co-Opted Members to the Committee. The IAC supports the Board in ensuring effective management and use of the endowment fund. The remit of the IAC is to:

• Maintain oversight of the investments of the Charity to ensure that the funds are managed in accordance with agreed policy, legislation and good practice
• Advise the Board on the development of an investment policy for Maudsley Charity, specifically addressing any relevant ethical considerations
• Review the policy on a regular basis to ensure that it remains compatible with the Charity’s business plan
• Make any recommendations for changes to the investment policy, portfolio and investment management arrangements to the Board
• Maintain an overview of the performance of all investments assets
• Report performance to the Board

Investment Advisory Committee

The Investment Advisory Committee supports the Board in ensuring effective management and use of the endowment fund.

The remit of the Investment Advisory Committee is to:

• maintain oversight of the investments of the Charity to ensure that the funds are managed in accordance with agreed policy, legislation and good practice
• advise the Board on the development of an investment policy for Maudsley Charity specifically addressing any relevant ethical considerations
• review the policy on a regular basis to ensure that it remains compatible with the Charity’s business plan
• make any recommendations for changes to the investment policy, portfolio and investment management arrangements to the Board
• maintain an overview of the performance of all investments assets
• report performance to the Board.

Experience

The new Co-Opted Members will have a background within Investment Management. They may have been, for example, a portfolio manager with team leadership experience. They may have specialised in either financial or property investments, as the charity’s endowment spans across classes. If their background is in property, then this may either have been through managing a property portfolio, or as a real estate investor. They will be able to interpret the performance of portfolios, and therefore provide recommendations to the Board and oversight of the Investment Managers (which include Knight Frank, Baillie Gifford and Veritas). Candidates with the most current / recent experience of managing investments will be preferred.

Maudsley Charity is particularly interested in candidates who either have direct experience of, or can demonstrate their interest in, ethical or responsible investment practices. Candidates should be able to demonstrate their understanding of investing in a way that aligns with the mission and ethos of charities, even if they have not previously worked directly with or within a charity.

Candidates do not need to have held previous non-executive positions. Most importantly, candidates will be able to demonstrate their commitment to improving mental health, and to the principles of equality, diversity and inclusion. They will bring a proven history of acting with impartiality, fairness, and will have the ability to respect confidences. They will be able to build and sustain successful relationships with all stakeholders and colleagues, and evidence sound judgement and effective decision-making.

Find out more and register interest

The deadline for consideration is 15 May 2023.

You can find out more and register your interest at the following link: https://www.nurole.com/maudsley-charity-co-opted-members-iac. For any questions or problems, please contact isabelle.green@nurole.com.