As 2026 draws closer, treasurers are carefully weighing the outlook for interest rates, currencies and short-term yields. This webinar brought together expert speakers for a candid discussion on how central bank moves across USD, GBP and EUR could influence liquidity conditions and what that means for cash portfolios in the year ahead.
The discussion reflected on what has changed in 2025 and why 2026 could prove another pivotal year for cash investors. It will also consider the broader economic picture and how market expectations are evolving.
Finally, the focus turned to monetary policy, with a closer look at the potential paths the Federal Reserve, Bank of England and European Central Bank might take, and the implications for treasurers navigating these shifts.
Global Chief Strategist, HSBC Asset Management
Joe is Global Chief Strategist and leads the investment strategy function at HSBC Asset Management. In this role, Joe is responsible for developing global macro and asset allocation research for the investment process, and for delivering thought leadership and market insights across client channels. Joe is a frequent speaker at industry events and conferences, and a regular contributor to the financial media.
Previously, Joe was Co-CIO for HSBC’s Multi Asset Funds and the Chief Strategist for Strategic Asset Allocation. Prior to that, he was a Portfolio Manager on HSBC’s global macro hedge fund, working on tactical asset allocation strategies in both G10 and emerging markets. Joe began his career as a Global Economist at JP Morgan Cazenove. Joe holds a Masters in Economics from Warwick University and is a CFA Charterholder. He is a member of the CFA UK Advisory Council.
Director - Policy & Technical, ACT
Naresh has spent 30 years in a variety of treasury roles spanning industry and advisory firms. At PwC he was the UK Lead for Cash Management and Payments where he helped lead the firm’s work on payments, Brexit, treasury controls, Blockchain, operational resilience and target operating model design and implementation. He won an Innovation award for his proposition around mobile payments.
This webinar has now taken place. The recording is available to watch.
