Cash management
NeuGroup News
September 3, 2020

C2FO Helps to Bring Lessons on Working Capital to NeuGroup Virtual Interactive Session

NeuGroup Members met to share and learn from their working capital management experiences dealing with the COVID-19 Pandemic. NeuGroup continued its popular Virtual Interactive Sessions in August, kicked off by one on August 19 sponsored by C2FO. It brought treasurers together to discuss some of the key lessons on working capital management that the pandemic has revealed. Jordan Novak, Senior Vice President of Market Innovation at C2FO, opened with remarks on COVID-19’s wide-reaching impact. “It has impacted every single person…
NeuGroup NewsUncategorized
September 3, 2020

Corporate Pension Fund Managers Break Down the Difficulties and Benefits of Rebalancing Their Portfolios in Virtual Interactive Session

At a recent NeuGroup for Pension and Benefits VIS sponsored by BNY Mellon/Insight Investment, members discussed the ups and downs of management over the last few months. Members have experienced many layers of challenges due to the economic and market impact of the COVID-19 Pandemic, and those with pension plans were not immune. Moreover, the pension investment portfolios did not behave as anticipated in this crisis, making rebalancing even more of an issue than normal. Moderators from NeuGroup and Insight…
COVID-19ESGInvestment Management
June 2, 2020

Financing the Fight Against COVID-19: Sustainability Bond Deals

Corporates and banks fuel gains in social and sustainability bond issuance amid the battle against the coronavirus. The coronavirus pandemic may have dampened green bond issuance in the first quarter of 2020, but it has also pushed some corporates to use proceeds from sustainability bond offerings to help fight the virus. Case in point: Pfizer. Heather Lang, executive director of sustainable finance solutions at ESG ratings firm Sustainalytics—which is being acquired by Morningstar—named Pfizer as one of the institutions using proceeds…
Cash & Working CapitalRegionalRisk ManagementTreasury Management
June 2, 2020

Founder’s KTAs from NeuGroup for European Treasury Peer Group 2020 H1 Meeting

By Joseph Neu The European Treasury Peer Group 2020 H1 meeting took place last week, sponsored by HSBC. Here are some takeaways that I wanted to share: COVID-19 validates regional treasury centers. HSBC said the case for regional treasury centers has been further validated by the pandemic. In comments on how clients have shown resilience and are preparing for markets to reopen, the bank noted the importance of real-time global exposure information, including a centralized liquidity and risk management framework; but also critical…
Accounting & DisclosureCapital MarketsFXRisk Management
May 7, 2020

Crisis Forces Consideration of Unwinding Cash-Flow Hedges

The COVID-19 crisis has reduced exposures to a point where for many companies those hedges may not be needed anymore. Time to unwind? If you’re planning on unwinding a cash-flow hedge, there are many things to think about before you do. Determining when and why to unwind, as well as how to view the transaction’s cost benefits, and what counterparty to use, are just a few of the factors to consider. This was the topic of discussion among NeuGroup FX Managers’…
Cyber riskRisk ManagementTreasury Management
May 7, 2020

Cyberattacks: Post-Pandemic May Be Worse Than the Lockdown

Best practices pre-pandemic have become even more important as the economy reopens. A top treasury concern for years, cyberattacks ramped up following the sudden transition to the work-from-home regimen prompted by the pandemic. They’ll likely ramp up even further when the economy begins opening up.  That was among the takeaways from a session on cybersecurity at a recent virtual NeuGroup meeting headed by Jenny Menna, deputy chief information security officer at U.S. Bank, and Chris Moschovitis, CEO of technology consultancy tmg-emedia.…