Scrutiny of Richmond’s investment portfolio back on table

Richmond News

Richmond council might rethink its investment portfolio after all.

A late addition to Monday’s committee meeting agenda from the mayor, Malcolm Brodie, seemed to mirror a motion from Coun. Kelly Greene four weeks ago that suggested council scrutinize its investments. …

At Monday’s meeting, Brodie said there’s been a lot of talk about “appropriate types of investment” that the city should be making as well as “socially responsible investments.”

“So, it seemed like an opportune time to take a look at our policy – our investment policies, our portfolio and ask staff to make comments on that and recommendations,” Brodie said. …

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