Copying and distributing are prohibited without permission of the publisher
MMFs a good alternative for managing working capital
July 04, 2012
Treasurers are advised to place their ‘fluctuating cash’ in money market funds as these ‘AAA’-rated instruments offer diversification, liquidity and higher returns amid increased market volatility, says HSBC.
Chief financial offers (CFOs) and treasurers are advised by their banks to place their short-term spare cash in low-risk money market funds (MMFs) to provide security during this period of heightened uncertainty stemming from the European Union.
Liquidity management is...
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.