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As we reported last month, a recent PwC survey found that even as companies stockpile cash, few treasurers are shifting portions of their portfolio into riskier investments to increase the yield they’re earning.

Three-quarters of the survey’s respondents said their company’s cash as a percentage of total assets either increased or remained the same over the past year, whereas fewer than one-quarter (22 percent) said that ratio has decreased. As they decide where to park this cash, survey respondents’ primary goals are preserving principal and maintaining liquidity. Maximizing returns placed a far-distant third.

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