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Cash: The Most Liquid of All the Asset Classes

Andrew Clare and Chris Wagstaff

Chapter Chapter 5 in The Trustee Guide to Investment, 2011, pp 79-85 from Palgrave Macmillan

Abstract: Abstract Appreciate that cash is an asset class in its own right. Appreciate that the active management of cash is an integral element of a scheme’s overall investment strategy. Know the main characteristics of cash deposits and money market instruments. Know what constitutes a secure and stable money market fund.

Keywords: Hedge Fund; Money Market; Government Bond; Pension Scheme; Credit Spread (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36187-4_5

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DOI: 10.1057/9780230361874_5

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