Treasury management survey to test market reaction to IFRS9
0Room151 is seeking views on the government’s proposals for a time-limited statutory override for the IFRS9 accounting standard as part of its annual Treasury Investment Survey.
This year, the survey will is testing sector opinion on last month’s announcement that the government could offer a three-year respite from the accounting standard requiring council treasurers to book some investments at fair value through profit and loss rather than “other comprehensive income”.
Housing & Regeneration Finance Summit
October 31, 2018, London Stock Exchange CFOs/Treasurers/Investors/CEOs
Local Government – Housing Associations – Institutional Investors – Developers
Launching this year’s survey, Room151 publisher Peter Findlay said: “Last year over 120 authorities completed the survey providing participants with a powerful snapshot, as well as compelling year-on-year intelligence, of how assets are allocated now and how that is likely to change.
“Completing the survey helps us to track important changes affecting the sector and amplify the concerns of the sector.”
Through the survey, council finance officers also have the chance to offer opinions on commercial activities such as direct property investment, solar farms, residential, loans to local businesses and energy companies.
It also covers expected allocations to different types of investment, yields and the inter-authority lending segment.
Last year’s survey revealed that almost 60% of councils planned to increase their direct investments in commercial property this year.
The Room151 Treasury Investment Survey is sponsored by investment manager CCLA and the results will be circulated after the Room151 annual conference on 20 September.
Every participant in the survey will receive a full copy of the aggregated, anonymised, results. We only need one response per council which should come from your treasury manager or s151 officer.
The deadline for submissions is September 5th
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