New Search

If you are not happy with the results below please do another search

Archive for category: Exchange Newsletter

8

Exchange June 2019

LIQUIDITY INSIGHTS: DEFINING CASH FOR AUSTRALIAN INVESTORS

The definition of cash, while ostensibly straightforward – banknotes and coins – becomes increasingly challenging when the demands for higher returns counteracts the obligation to ensure adequate liquidity and the commitment to avoid losses.

As memories of the liquidity stress and market dislocation triggered by the global financial crisis faded, the range of financial instruments deemed acceptable in Australian cash products broadened dramatically. This was also a time when investors grappled with the challenges of outperforming attractive headline retail bank deposit rates.

(more…)