Investment Management

Corporate cash managers need to pull themselves up the learning curve so that they’re ready to invest in tokenized money-market funds once safeguards for liquidity, safety, and yield are firmly in place.

Part 1 of 2: With a crypto-friendly administration in Washington, blockchain-based money market funds are having a moment.

Assessing ESG characteristics and their place in cash investing may require treasury professionals to do some extra homework.

The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.

Congratulations to Morgan Stanley on winning the 2023 Silver Alexander Hamilton Award in Risk Management!

"Overall, domestic banks have ample liquidity, ... [but] prime and tax-exempt money market funds, as well as other cash investment vehicles and stablecoins, remained vulnerable to runs."