| Treasury
Management: "the management of the organisation's cash flows,
its banking, money market and capital market transactions; the
effective control of the risks associated with those activities;
and the pursuit of optimum performance consistent with those risks."
Source: CIPFA
This generic definition has been largely adopted throughout local
authorities in the UK but as is known and, indeed, acknowledged
by CIPFA, the reality is that very wide variations exist in the
nature and extent of treasury management activity. So if the reality
is that each local authority's treasury management activities
are different or unique, then shouldn’t the external advice it
receives be in its best interests and specific to its circumstances
rather than the interests of its adviser? Arlingclose think so.
We don't think all local authorities want to follow the herd.
We do think they want experienced, quality, independent, timely
and effective advice that is easy to understand and respond to.
They want a strategy that is designed primarily with their interests
and circumstances at the core. They want an adviser who understands
the issues and has the experience, systems and time at their disposal
to devote to treasury management. Arlingclose is that advisor.
Arlingclose call its fresh approach FAST. Our size and focus
allows us to deliver a pro-active service whilst retaining the
ability to be more responsive than our competitors, and to adjust
to the ever-changing treasury management landscape where necessary.
FAST goes back to basics, strips away unnecessary complications
and aims to deliver a return on your investment by giving advice
that will increase investment returns and lower debt costs within
a risk profile that is appropriate to your circumstances.
Our targeted specialist service is sensitive to the principles
of the Prudential Code and Best Value and will help propel the
client towards favourable Comprehensive Performance Assessment
outcomes.
FAST works in conjunction with Arlingclose’s comprehensive balanced
range of services.
Arlingclose has blended the experience gained from a combined
100 years local government finance, treasury management consultancy
and fund management activity, to deliver what local authorities
need in their treasury management activities - appropriate risk
and appropriate return. We believe this is an objective local
authorities will find compelling. |