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GFTU EC Minutes January 2017.
5
Bro. Nicholls reported that Trustees had held meetings discussing investment portfolio to
reduce risk L&G and Mercer reports had performed well.
EC members discussed performance.
Bro. Nicholls to send details of LGIM and Mercer reports to EC members.
8.17
Staffing
8.18
Positive support from universities
Bro. Nicholls reported positive meetings and discussions had taken place with several
Universities.
Bro. Mooney discussed expanding to Scottish students and EC members agreed to
further networking.
Bro. Mooney and Bro Williamson to provide contact details.
8.19
ICT
8.20
Investments
Bro. Nicholls reported that reports from Brooks and City Asset had been circulated and
were performing well.
Bro. Nicholls was currently in discussions with Wendy Cheung regarding win fall and
investment. A proposal would come to the EC and be discussed with financial advisors.
Bro. Nicholls reported that an audit into all funds with Credit Suisse had been instructed
and would be completed by the end of year audit by March’s EC for May’s BGCM.
8.21
International
Bro. Nicholls reported a successful visit from a group of eight leading Chinese trade
unionists to Quorn on 16
th
January 2017.
EC members discussed the possibilities of inviting American or Chinese trade unionist to
BGCM.
8.22 Leader of the Labour Party
Bro. Nicholls reported that he had informally met Jeremy Corbyn twice and he had
expressed interest in meeting with the EC. Bro. Nicholls was currently in discussions with
his office.
General Secretary’s report was approved.
9. Any other Business