The UK Brexit referendum took place on 23 June 2016. The year was already shaping up as an historic year, with macro-economic and political volatility continuing to put pressure upon financial markets and public sector budgets being stretched to the limits.
So what will BREXIT mean to public sector investment strategies?
Security, liquidity and yield in that order are the key tenets of the CIPFA TM Code of Practice, but is now the time for a fresh look at that balance and the options that the financial markets can offer?
In direct response and as part of CIPFA’s Treasury Management Network’s Commitment to provide relevant and independent guidance to the public sector we held a number of half-day regional workshops to discuss the challenges of the current investment environment and how to set an appropriate risk appetite.
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