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Home > Legal policy > Family matters > Strategic Investment Board

Strategic Investment Board


Introduction

The Strategic Investment Board is an advisory non-departmental public body set up by the Lord Chancellor at the beginning of 2001 to advise on the investment activities of the Public Guardianship Office, the Official Solicitor & Public Trustee Office and the Courts Fund Office.


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Role and Responsibilities

The Board's role is to:

  1. advise on the appointment of appropriate external investment managers to invest client monies coming within the care of: The Public Guardianship Office; the Official Solicitor & Public Trustee Office; and, where appropriate, the Court Service;
  2. monitor their performance against established industry benchmarks; and
  3. provide advice on strategy and specific investment matters including guidelines for external investment managers.

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Composition

The Board is independent and non-executive and comprises a Chairman and five members, all drawn from financial services backgrounds, as well as a number of ex-officio members from within DCA business areas.

Chairman

Dr Colin Price

Member of the Managing Board and Chairman of the Audit Committee, UK Debt Management Office. Formerly Global Advisor to Shell Pension Funds, Finance Director of Shell Pensions Management Services Limited and a Board member of IMRO.

Appointed members

Dr Ros Altmann

Independent investment and pensions policy consultant. Governor and non-executive director of the London School of Economics and chairman of its investment committee.

Mr Alan Clifton

Holds several non-executive directorships. Formerly Managing Director of Morley Fund Management Limited, the fund management arm of Aviva plc.

Mr Andrew Hutton

Managing Director of RBS Asset Management. Previously Head of Investment Management at Coutts Group and Managing Director, Head of International Mutual Funds at JPMorgan Investment Management.

Mr Laurence O'Mara

Managing Director of Lombard Odier Darier Hentsch (UK) Ltd a post he has held since 1994 having previously been Head of the European Department of the Kuwait Investment Office.

Prof Janette Rutterford

Professor of Financial Management, Open University Business School. Consultant and author in the fund management field.

Ex-officio members

Mr David Thompson

Acting Chief Executive of the Public Guardianship Office

Mr Laurence Oates

Official Solicitor & Public Trustee

Master Denzil Lush

Master of the Court of Protection

Mr Rab Harley

Head of Investment & Banking DCA


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Contact information

Alan Palmer
Secretary, Strategic Investment Board
7th Floor
Court Funds Office
22 Kingsway
London WC2B 6LE

Telephone: 020-7947 7873

E-mail: alan.palmer@courtservice.gsi.gov.uk


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