Page 31 - Transforming To Stay Successful

What’s That

Mean...?

The Minister of Finance, the Board, management, and clients all
require information too. It’s important that everyone understands
Derivative:
what we’re doing and why. We’ll provide proactive client service and
Essentially contracts (agreements
communication. Information will be compelling, yet succinct, and
to do something in the future)
allow the Board and clients to fulfil their fiduciary roles.
that derive their value from the
performance of an underlying
PROCESSES
asset, event, or outcome.
We’ve been working to review our policies, procedures, and
Leverage:
directives. These documents are an essential part of our governance
The borrowing of funds for the
framework; they guide and inform all of our activities. In reviewing
purpose of investing.
them, we have the opportunity to align our processes with best-
in-class standards. The foundation of our technology is also being
updated, and we’re bringing in world-class technology. This ensures
that we can scale and accommodate the unique demands of our
new investment model.

INVESTMENT RISK MANAGEMENT

Last but not least: we’re developing a robust approach to investment
risk management. As an asset manager, taking and managing
investment risk is at the core of what we do. And considering we’ll be
a more active, in-house asset manager with sophisticated strategies,
it’s key that we identify, assess, and seize opportunities in potential
investment risks. This group is working with asset classes and clients
to help inform key investment decisions. We will further build on risk
measurement and reporting.

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THE STRATEGIES THAT DRIVE OUR TRANSFORMATION 31