blog • 2021-10-19
Over the last few weeks concerns must be mounting at the venerable Bank of England. We have seen hawkish comments coming from several MPC members including the Governor himself. Last Saturday, speaking to the Yorkshire Post (which seems to get surprisingly good coverage of market moving snippets) he presented the idea that there was now a new and different difficult job to perform – that of preventing higher inflation expectations becoming embedded. “That’s why we, at the Bank of England, have signalled, and this is another such signal, that we will have to act”, Governor Bailey stated, speaking from home to the G30 group of central bankers. Currently investors expect inflation to peak at triple the target rate set with HM Treasury, at a whopping 6%.Read More
blog • 2021-09-17
As we head towards the final quarter of 2021, it is shaping up to have been a year of divergence. US indices continued to break records with earnings often beating expectations that were already set high, whilst on the other side of the coin the Hang Seng (Hong Kong) and CSI 300 (Shanghai) are sitting 9.5% and 7.75% cheaper (lower) than at the start of the year. At this point it might be prudent to take heed from the biggest and best regarded financial players including Goldman Sachs, Morgan Stanley, Citi, Bank of America and Deutsche Bank whose research teams are all calling the top and advising those managing money to reduce exposure to the Dow, S&P and NASDAQ as the quickest recovery in history may be about to unwind.Read More
blog • 2021-07-30
Whilst we may be entering summer markets and many are finally able to take the opportunity for a well-deserved rest, there have been a plethora of interesting developments that should not go unnoticed. This time around we also update on when we might expect to see benchmark interest rates rising across the major markets. Apparently, inflation is expected to remain “transitory” and thus supportive of lower rates for longer?!Read More
Fixed-Term Funds are regulated financial products, designed and built by TreasurySpring, that offer exposure to a single investment grade issuer for a fixed term. FTFs have many of the same characteristics as term deposits but can provide access to sovereigns and corporates, as well as financial institutions.
Fixed-Term Funds offer exposure to high quality, investment grade issuers.
FTFs are 100% transparent to the underlying issuer that an investor chooses.
FTFs are straightforward and standardised. All FTFs share the same structures and processes.
We are originating FTFs across multiple asset classes and geographies with fixed terms from 1 week to 1 year.
FTFs are regulated Alternative Investment Funds for the purposes of the European Alternative Investment Fund Managers Directive.
We only originate FTFs that we believe offer attractive risk-adjusted returns versus other treasury investments.
TreasurySpring is originating Fixed-Term Funds that offer single-name exposure to investment grade issuers in the sovereign, financial and corporate sectors. FTFs are available to any institutional investor and can be offered in multiple currencies.
Our Sovereign FTFs offer direct, segregated exposure to individual treasury bills and bonds issued by highly-rated governments.
Our financial FTFs will offer direct, segregated, secured or unsecured exposure to investment grade banking institutions in the UK, the US, Europe and beyond.
Our corporate FTFs will offer direct, segregated, secured or unsecured exposure to investment grade non-financial institutions in the UK, the US, Europe and beyond.
TreasurySpring was founded in 2016 by three fixed-income experts that have worked together since 2007, and its board comprises leading industry figures from each of its target markets.
COO & Co-Founder
Having worked with Kevin and James in fixed income for the last 12 years, Matthew is constantly seeking to push the envelope in financial and operational innovation. He holds a PhD in Computational Chemistry, is fluent in Italian, and regularly plays the violin in local orchestras.
An economist by training and university professor of economics for 15 years, Justin founded and built NEX Treasury from an idea to a global, award-winning treasury investment portal, with hundreds of clients and billions of dollars of trades placed on a daily basis.
During his 30+ year career, Ian has worked in all aspects of treasury, navigating dramatic changes in markets and regulatory environments. He has held positions as Group Head of Capital at RBS, Group Treasurer at Tesco Bank and head of Alvarez & Marsal's treasury advisory practice.
Head of Product
Henry started working in short-dated fixed income in 2005 and has held positions on both the buy and sell side of leading financial institutions. Most recently he ran diverse secured financing portfolios for RBC. In his spare time he has built a successful property business.