Steve Elms talks to Helen Sanders, Editor, about how priorities for treasurers have evolved following a year of uncertainty and turbulence.
This time last year, risk and efficiency were the watchwords for corporate treasurers. To what extent has this changed?
As we are all aware, 2016 has been a year of unexpected shocks, not least the result of the EU referendum in the UK, and the US election. At a macro-economic level too, while there have been some price increases and stability in commodities, market volatility including FX markets, remain a concern given the continued uncertainties.
Global trade has continued to weaken with a slowdown in China’s economic performance, which is often used as a proxy for EM growth. There are still growth opportunities, but company boards have had to be more conservative in their expectations and focus on risk as well as return.