Investor Confidence Rating results for 3 agencies released

Investor Confidence Rating results for three agencies released

The Treasury has today released the latest round of Investor Confidence Rating (ICR) results for three public sector agencies. The ICR assesses how well investment-intensive government agencies are managing their investments and assets and highlights areas for performance improvement.

Ōtākaro Ltd received an ‘A’ rating (on the scale of A to E), signaling a high level of investment management capability and performance, and trust in the agency delivering investments successfully.

The Waikato District Health Board and Capital & Coast District Health Board each received a ‘C’ rating. A ‘C’ rating means that the status quo investment management system arrangements remain in place. Both DHBs have improvement programmes underway to improve to a B minimum rating over time.

Twenty-three government agencies have now had an ICR assessment. All ICR results are available on the Treasury website: Results of the Investor Confidence Rating. General information about ICR assessments is also available: Investor Confidence Rating

ends

© Scoop Media