Pallas Meets With Global Financial Leaders

Treasurer Tim Pallas will leave today for North America to provide a face-to-face update to ratings agencies and investment institutions following the Victorian Budget 2016/17.

In New York the Treasurer will meet the Australian Consul-General, Nick Minchin, and executives from Moody’s Investor Services and S&P Global to discuss Victoria’s strong economy.

The meetings will provide a chance for the Treasurer to speak with international credit rating analysts and provide updates on Victoria’s positive economic outlook, discuss the latest trends in investment management and stay at the forefront of global financial thinking.

The Treasurer will meet executives from the German global banking and financial services company, Deutsche Bank, and world leading investment funds, including SilverCreek Capital Management and Bridgewater, to discuss key investment issues.

The Treasurer will also visit Toronto to meet some of Canada’s largest investment funds and asset owners before returning to America for further meetings with leading financial institutions, research organisations and technology giants such as Microsoft and IBM.

In San Francisco and Silicon Valley, California, the Treasurer will meet Cisco to discuss broadening engagement on cyber security, inbound investment, and responses to digital disruption.

The Treasurer will also meet with Microsoft, IBM and Stanford University to discuss ways to improve business to business links, as well as applying advanced data-science techniques to manage and mitigate economic and financial risks.

The Treasurer will also discuss the impact of the potential exit of the United Kingdom from the European Union.

Quotes attributable to Treasurer Tim Pallas

“Victoria is staying at the forefront of global thinking in investment management, financial markets and risk management.”

“We’re providing a face-to-face update with key economic business partners and investment institutions following delivery of the Victorian Budget 2016/17.”