Using repos as a cash investment vehicle can seem complex and cumbersome to those not familiar with them. Even an accomplished treasurer with some exposure to these instruments may be wary of the perceived barriers of entry to the market.
Proponents of repos say they offer flexibility in cash investment, allowing you to select your optimum balance of risk vs yield – but how do you know when they are appropriate for your business? What are the real pros and cons?
This webinar offers essential insight for treasurers of any background and experience level considering repos as part of a cash investment strategy.
The first part covers the hows and whys of entering the repo market – demystifying the process for beginners.
The second part we look in more depth at the situations in which you might use repos: when might it be appropriate to move from unsecured to secured vehicles? And how can you select your ideal counterparties, risk levels and yield to suit your treasury strategy?
Download the slides here
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Michelle joined the ACT Policy & Technical team after 14 years in Corporate Treasury Consulting at Deloitte. During this time she advised both large and small companies on a wide range of treasury areas including treasury restructuring, development of FX policies, management reporting and operational risk. Prior to joining Deloitte she worked in a number of large investment banks, including JP Morgan, SBC Warburg and Chase Manhattan. Michelle qualified as a Chartered Accountant with Arthur Andersen in Australia and is an Associate Member of the ACT.
Olivier de Schaetzen, Director, is Head of Product Solutions Global Markets in Euroclear SA/NV’s Commercial division. In this capacity, he is responsible for the sales of equities, triparty collateral management services and LoanReach.
Between 2005 and 2010, he was responsible for Euroclear Bank’s triparty collateral management services within the Product Management division.
Mr. de Schaetzen began his career at Euroclear in 1993 in the Commercial division, where he headed the client service group for London-based investment banks.
Matt Shelley, MCT, is Group Treasurer at 3i, responsible for treasury matters for 3i Group plc and 3i Infrastructure plc.
In 2000 he joined Tesco as an Internal Auditor, moving to the Treasury team in 2002. Matt fulfilled various roles in Treasury, latterly as head of Market Execution, before leaving in 2010 to join 3i as Deputy Group Treasurer.
Matt trained as an accountant at Deloitte before joining Tesco.