Investment Management and Advisory Services

The Vendor is required to provide investment management and advisory services for approximately $500 million investment portfolio.
- Develop and implement sound investment strategies, which will maximize the portfolio’s performance within the parameters of the City’s current Investment Policy and state codes.
- Assume the management of the City’s investment portfolio.
- Provide technical and fundamental market research, including yield curve analysis.
- Assist the City with cash flow/maturity analysis.
- Provide interest income estimates/forecasts to be utilized for budget.
- Provide credit analysis of investment instruments in portfolio.
- Provide monthly/quarterly/annually reporting. These reports will cover a range including but not limited to: local, national economy, the City’s portfolio holdings, composition and sector analysis, return, weight average maturity, duration, performance objectives, and policy compliance.
- Evaluate market risk and develop strategies that minimize the impact on the portfolio.
- Establish an appropriate performance benchmark as part of reporting requirements.
- Review investment policy annually and recommend appropriate amendments.
- Monitor the creditworthiness of financial institutions and the investments in the portfolio.
- Perform due diligence reviews of current and proposed broker/dealers.
- Assist with annual audit inquiries and reporting.
- Provide authorized City staff with online access to the City’s current investment account.
- Provide reports, graphs and tables to assist in the compilation of the monthly the Monthly Treasurer’s Report (MTR).