Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017

9:00 am

Mr. Conor O'Kelly:

Yes. We have a framework, a strategy and a team that works with investment managers, to whom we give the money to make sure the guidelines are being followed and monitored. Where we have questions, we receive information back the committee makes the decisions. The decision the committee has made to date is to exclude 16 stocks and not to exclude others but to actively monitor how the companies are performing through research and interaction with our fund managers.