May 2021 2 Min Read
Economic recovery depends on how well we recover from the pandemic. A year ago, companies ploughed cash into money market funds (MMFs) to keep it safe and liquid as the crisis wreaked havoc on families, work and businesses. By the end of 2020, companies were heading...
May 2021 4 Min Read
Northern Trust Asset Management Monthly Market Commentary for April 2021 Eurozone Market Update As anticipated, the ECB Governing Council made no changes to its monetary policy. The ECB reiterated that purchases under...
April 2021 9 Min Read
As a resource, data has been described as ‘the new oil’. But as with oil, something has to happen to it to make it useful. For treasurers, data analytics is a discipline that can no longer be left to the IT team. We explore the reasons why. The numbers related to...
April 2021 5 Min Read
Northern Trust Asset Management Monthly Market Commentary for March 2021 Eurozone Market Update As expected, the ECB announced no policy changes in March – the meeting concentrated on long end rate moves. The ECB...
March 2021 5 Min Read
Northern Trust Asset Management Monthly Market Commentary for February 2021 Eurozone Market Update Euro markets saw a relatively mundane month with the front end remaining anchored, as investor outflows across the...
January 2021 19:17
Johnny Grimes, Deutsche Bank, joins TMI’s Eleanor Hill in the TreasuryCast studio to cover the ways in which treasury functions have hastily adapted to counteract the disruption caused by the ongoing pandemic. Our guest considers how an accelerated pace of...
October 2020 3 Min Read
The conditions now facing the global economy are unprecedented. For many countries, interest rates have been close to record lows since the aftermath of the 2008 global financial crisis. While some central banks had already taken the plunge into negative territory, the...
October 2020 1 Min Read
Stephen Randall has recently been appointed Citi’s TTS Global Head of Liquidity Management Services, and a member of the Global Executive Committee. In this position he is responsible for managing more than 50% of Citi’s deposit base across all...
May 2020 8 Min Read
Are negative interest rates really good for treasurers, and for the world economy in general? There are admittedly some benefits, but there are many more drawbacks. Perhaps a return to zero rates would bring the greatest overall benefit. A few years ago, the...
October 2019 7 Min Read
In the current uncertain macro environment, it is tempting for treasurers to hunker down in their short-term investment comfort zone, namely money market funds (MMFs). Nevertheless, if they are prepared to step out into an ultra-short-duration strategy, investors can...
December 2018 9 Min Read
A rising rate environment can be a challenge even for the most sophisticated fixed income investor. And even though treasurers know further rate hikes are on the cards, they may happen more swiftly than some...
October 2018 14 Min Read
What would be the correct price (i.e., the arm’s length transaction) of a cash transaction under BEPS (Base Erosion Profit Shifting) Actions 8-10? That’s a key question which every treasurer of an international group needs to address. The right answer is far from...
