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Cash: The Most Liquid of All the Asset Classes

In: The Trustee Guide to Investment

Author

Listed:
  • Andrew Clare
  • Chris Wagstaff

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.

Suggested Citation

  • Andrew Clare & Chris Wagstaff, 2011. "Cash: The Most Liquid of All the Asset Classes," Palgrave Macmillan Books, in: The Trustee Guide to Investment, chapter 0, pages 79-85, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36187-4_5
    DOI: 10.1057/9780230361874_5
    as

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