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Minutes of meeting

Renfrewshire Council · 10 June 2026
Back to Investment Review Board — 10 June 2026 and its agenda

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Page 1

Minute of Meeting
Investment Review Board
Date Time Venue
Wednesday, 10 June 2026 11:00 Remotely via MS Teams,
Present: Councillor Alison  Ann-Dowling, Councillor Jacqueline Cameron, Councillor Neill
Graham, Councillor John Shaw
Chair
Councillor Shaw, Convener, presided.
In Attendance
C McCourt, Head of Finance & Procurement, G Borland, Finance Manager and D
Cunningham, Committee Services & Licensing Officer (all Finance & Resources).
Also in Attendance
D Watson, Investment Consultant, Hymans Robertson LLP, G Brisbane and J Ryan, LGT
Wealth Management Limited, formerly abrdn Capital Limited.
Recording of Meeting
Prior to the commencement of the meeting, the Convener intimated that this meeting of the
Board would be recorded and that the recording would be available to watch via the
Council’s website.
Apology
Councillor Nicolson.
Declarations of Interest and Transparency Statements
There were no declarations of interest or transparency statements intimated prior to the
commencement of the meeting.

Page 2

1 Minute of Meeting
There was submitted the Minute of the meeting of the Investment Review Board held
on 19 November 2025.
DECIDED: That the Minute be approved.
Sederunt
Councillor Ann-Dowling left the meeting during consideration of the following item of
business.
2 Paisley and Renfrew Common Good Funds six-month report to 31
March  2026
There was submitted a report by the Director of Finance & Resources together with a
presentation by D Watson from Hymans Robertson LLP, relative to the Paisley and
Renfrew Common Good Funds, a review of investment income and the key issues
relating to the Paisley and Renfrew Common Good Funds.
G Brisbane, Senior Investment Manager and Charity Lead (Scotland) LGT Wealth
Management Limited also spoke to the presentation relative to the Paisley and
Renfrew Common Good funds investments performance. The presentation referred to
a review of the Investment Managers’ performance for the six months to 31 March
2026; an update of markets; and the current economic climate.
DECIDED: That the report and presentations be noted.
3 Date of Next Meeting
DECIDED: That it be noted that the next meeting of the Investment Review Board
would be held at 11.00 am on 18 November 2026.