The Editor discusses some of the current issues in the money funds industry, and how corporate investment behaviour is changing.
From a number of perspectives it has become arguably less likely that Credit Rating Agencies (CRAs) will continue to play as significant a role for the money market industry as they done up to this point.
Fitch questioned 68 European treasurers on the instruments they use for cash investment, with a particular focus on MMFs, and found that many have not adequately anticipated the impact of a potential regulatory move to VNAV.
France, the leading European player in money market management, cannot remain indifferent to the new draft regulation released by the European Commission.
Investors need to be aware of the decisions that their providers are making in respect to credit risk so transparency is more important than ever before.
How can treasurers make their cash work harder for the business in a time when the economic situation remains challenging and risk management figures highly on the treasury agenda?
SunGard recently commissioned a study among corporate treasury professionals to understand corporate attitudes to cash investment, including strategic cash holdings, asset allocation, investment policies and transaction execution. We outline some of the key findings.