Cash investment continues to be an important priority for treasurers globally. Large corporations in particular continue to build large cash balances while ensuring security and availability of cash remains a priority for companies of all sizes. Over recent years, money market funds (MMFs) that were initially popular in USA and UK have gained in popularity across all regions. In particular, investors are attracted to the high level of security that MMFs offer, together with same-day access to liquidity.
Few corporations have the scale or appetite to deploy comparable risk management resources as the major investment managers that offer MMFs so these instruments have proved a convenient means of accessing high-quality investment and risk management expertise.
Treasury Management International