Cash Management

Products and Strategies
Erscheinungsjahr 2000
ISBN: 978-1-883249-86-1
Verlag: Wiley

Buch, Englisch, 194 Seiten, Format (B × H): 159 mm x 234 mm, Gewicht: 438 g

Cash, as opposed to more rewarding but riskier assets, such as stocks or bonds, is preferable for meeting large, short-term liabilities that are well defined and predictable. Holding cash is also the only sensible investment choice for meeting uncertain (contingent) liabilities that arise in an emergency. The range of cash management alternatives is sufficiently wide and complicated to warrant careful planning when deciding on which specific cash vehicles to hold. The general principles of modern portfolio management can and should be applied to professional cash management.

Autoren/Hrsg.

Fabozzi, Frank J.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Contributing Authors.

The Fundamentals of Cash Management Investment Policy (M. Gelfand).

Crafting the Appropriate Investment Policy for an Organization's Unique Needs (F. Marckioni).

Identifying, Measuring, and Controlling Risk (H. Lamle).

Alternatives in Liquidity Management: DDAs, STIFs, and Sweep Accounts (R. Scott).

Basic and Nontraditional Repo Investment Strategies (G. Winnert).

Reverse Repurchase Agreements: Risks and Strategies for Money Market Funds and Cash Pools (D. Rivkin).

Innovative Investments for Money Market Funds (B. Carosielli).

Funding Agreements (M. Jomes).

Assessing Short-Term Funding Agreements in Money Market Funds and Cash Pools (D. Rivkin).

Floating-Rate Securities (F. Fabozzi and S. Mann).

Short-Term Fixed-Rate and Floating-Rate Mortgage-Backed Securities (F. Fabozzi).

Short-Term Fixed-Rate and Floating-Rate Asset-Backed Securities (F. Fabozzi).

Index.

Über Autor(innen)

Frank J. Fabozzi, PhD, is editor of the Journal of Portfolio Management, which is read by thousands of institutional investors. An Adjunct Professor of Finance at Yale University's School of Management, he is a chartered Financial Analyst and a Certified Public Accountant. Editor or author of over 100 books, his world-class finance books are used around the world by professionals, academics, students, strategists, and investors in college courses, executive training programs, company training programs, and prepatory courses for the chartered financial analyst (CFA) exam. He serves on the board of directors of the BlackRock complex of funds and the Guardian Life family of funds and is also a Fellow of the International Center for Finance at Yale University. Dr. Fabozzi earned his doctorate in economics from the City University of New York in 1972 and in 1994 received an honorary doctorate of Humane Letters from Nova Sotheastern University.