AFP Responds to Misleading Wall Street Journal Article
The article claims that, “More than half of corporate cash held by U.S. companies this August was invested in investment-grade corporate bonds.” The claim could not be further from the truth.
Money Fund Update: SEC Removes Rating Agency References
Quietly on late September 16, the Securities and Exchange Commission removed references to credit ratings from its money market fund regulations.
The Keys to Investing in an Uncertain Environment
Lu Ann Katz, managing director, head of global liquidity for Invesco, provided treasury professionals at the CTC Corporate Treasurers Forum with an overview of how the current interest rate and regulatory environment is reshaping the investment world.
Study: Treasurers Load Up On Debt, Neglect Working Capital
Companies continue to accumulate cheap debt at the cost of working capital—a short-term tactic that might hurt long-term financial strategy, a new study warns. "Corporate debt continues to skyrocket as companies do little to generate cash by optimizing collections, payables and inventory,” the report states.
Why Treasurers Are Grabbing Bonds, Alternative Investments
The latest data shows companies shifted more excess cash into corporate bonds for the fifth straight month in April, to a new record of 47.95 percent of total investment.