Who is Looking at the Cash Portfolio?

A recent survey of The NeuGroup’s T30 Treasurers’ Peer Group on cash investment practices revealed that their average staff size was between 2.2 in the front office and 1.7 in the back. This arguably is not enough heads to perform best-practice analysis of the cash portfolio, at least with most firms’ current levels of technology and other support infrastructure. As evidence: just 15 percent of the respondents generate internal credit ratings on portfolio assets, with just 10 percent having a separate investment risk team and no more than 40 percent being able to perform any kind of performance attribution analysis.