CIPFA Treasury Management Network Workshops 2012
Strategy Setting Special
21st November: London
27th November: Manchester
Our final workshop series for 2012 is dedicated to helping you develop your 2013/14 treasury
management strategy.
Whilst some commentators suggest that in a low interest rate environment treasury
management has become boring the reality is far different. The challenges are enormous and
the treasury management strategy remains one of the most important elements of any
authority’s medium term financial plans. Investment returns remain at historic lows- but
capital spending and infrastructure investment is far from certain, can local authorities hep to
stimulate economic growth? We await the Chancellors Autumn Statement with eager
anticipation.
With Europe, the banking sector and the governments fiscal recovery plans yet to be resolved
we still have to prepare forward looking, understandable treasury management strategies. This
event is designed to get you off to a flying start, with our regular presentations from CIPFA on
the Risk Roadmap and RBS, leading us through the economy and market trends.
These events are designed to aid your horizon scanning and help you gain clarity and
formulate direction as you set next year’s treasury strategy.
09.30 – 10.00
Coffee and Registration
10.00 – 10.05
Introductions: Roy Nolan, Chair of the Treasury Management Network
Advisory Group
10.05 – 10.30
TMN News and Developments: Neil Sellstrom, Treasury Management
Advisor, CIPFA
10.30 – 11.10
Our standing item from CIPFA highlighting topical items in treasury management
and the financial markets; providing feedback on matters raised within the
Network; your chance to network & raise issues with colleagues.
Economic Bulletin: Neil Parker, Senior Economist, RBS
Neil’s final update of 2012 focuses upon rate forecasts for the medium term and
the key indicators and economic milestones that influence them. How is Europe
shaping up? What can we expect from central government in the Autumn
Statement? And what we really need to be telling our elected members when
they scrutinise out treasury strategies.
11.10 - 11.35
Market Update: Edward Symons, RBS
What, if any are the trends developing within this low interest rate environment
on investment and lending to local authorities? We take a whistle-stop tour of
key instruments and their prospects over the medium term.
11.35– 12.00
12.00 – 13.00
Break and Networking
CIPFA Risk Roadmap – Strategy implications, Jackie Shute PSL
Hindsight is a wonderful thing and this session takes a look back at some of the
key findings of the Risk Study, themes and lessons that can help inform our
strategies going forward. We will also get to see the TreasuryLive system in
action.
13.00 - 14.00
14.00 – 14.45
Lunch and Networking
Bloomberg Update: Cathryn Allen
In October, Bloomberg launched a Money Market Portal. This session provides us
with an update on this exciting development and we get a broader view on the
global markets and the effects upon local authority treasury activity.
14.45– 15.30
15.30 – 15.45
Member Engagement – Communicating the TM Strategy, Roy Nolan
Whilst the focus of the day has been looking at the production of your treasury
strategy this final open session looks at how we as Officers can help break down
the barriers surrounding the strategy – enhanced emphasis on improved officer
and member training has been required in the Code of Practice since 2009. What
progress has been made and what can we learn from each other?
Final discussions and close
The facilitators for this event will be Neil Sellstrom, Pensions and Treasury Management Advisor & Roy
Nolan, Chair TMN Advisory Group