2011 AFP Liquidity Survey

Questions about the AFP Liquidity Survey?

Contact Tom Hunt, AFP's Director of Treasury Services

Thanks to Citi for its underwriting support of the 2011 AFP Liquidity Survey.

The inaugural CTC Research Perspectives takes a second look at 2011 results from the AFP Liquidity Survey. AFP partnered with Schmidt CS to interview 16 respondents to the 2011 AFP Liquidity Survey with these goals in mind:

to better understand organizations’ short-term investment strategies and what impact the recent slowdown in the U.S. economy has had on these strategies
Identify the reasons companies are deciding to expand or shrink their short-term investment balances
Define the role of earnings credit in affecting short-term investment strategy
Identify the differences in strategies associated with U.S.-based cash holdings and non-U.S.-based cash holdings and the impact taxation on repatriated foreign earnings may have on the decision to bring cash back to the U.S

Download the CTC Research Perspectives Report on the 2011 AFP Liquidity Survey

NEW: Capital Structure Guide

AFP Liquidity Survey: In its 6th year, the AFP Liquidity Survey provides CFOs, treasurers and other financial professionals data to benchmark their companies' short-term investment strategies against their peers. The 2011 AFP Liquidity Survey is possible thanks to the underwriting support of Citi.

The 2011 report reflects a survey of AFP members conducted in May 2011. The survey found that financial executives continue to use an extremely conservative approach to cash investment. Nevertheless, it showed the biggest decline in companies building cash reserves in the history of the survey. While some of that decline was based upon lower operating cash flows as a result of the recession, the survey noted that a subset of companies have in fact begun to invest their cash in growth-oriented initiatives.

Press Release: Corporate Investment Is Beginning, AFP Liquidity Survey Shows
2011 AFP Liquidity Survey Introduction & Key Findings (PDF)
Access the full 2011 AFP Liquidity Survey (PDF) (Log-in required)
Access other exclusive AFP research surveys and benchmarks
Journalists, please contact pr@afponline.org or call 301.907.2862 for more information, to request the full report or to set up an interview with AFP's research team.

The 2011 AFP Liquidity Survey gives you the opportunity to benchmark your organization's short-term investment policies and practices against those of AFP's very broad membership base.

How have organizations' cash balances changed in the last six months?
What are other organizations expectations for their cash balances over the next twelve months?
How have organizations adapted their investment strategies over the past twelve months?
Where have financial professionals been investing their organizations' cash balances?

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