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Media statement

Investor Confidence Rating results for three agencies released

Issue date: 
Thursday, 19 July 2018
Status: 
Current
Corporate author: 

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

Contact:

Bryan McDaniel | Principal Communications Advisor
Telephone: 04 917 6268
Email: media@treasury.govt.nz
Last updated: 
Thursday, 19 July 2018