July 17, 2024
When the Accounting Tail Wags the Cash Investment Dog
The juice is not always worth the squeeze when cash investment managers weigh accounting considerations.The steady climb in interest rates that began in 2022 opened doors long closed to cash investment managers seeking attractive short-term yields on cash. But as markets look toward rate cuts, the question of whether extending duration is the right call is bringing to the fore an issue that may limit the appeal of an investment: the accounting implications. At a recent session, members of NeuGroup for…