Our strategic advice will help you answer the key questions in local authority treasury management:

• What is the authority’s appetite for risk and return?
• Which commercial organisations can we trust?
• Should we restrict investments to the UK only?
• What is an appropriate level of long-term borrowing?

We encourage clients to consider their net treasury position and manage risks accordingly, rather than considering borrowing and investment as separate activities. For example, holding portfolios of long-term fixed rate debt and short-term investments creates unnecessarily large exposures to both interest rate risk and credit risk.