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At its monetary policy meeting on May 3, the Reserve Bank of Australia (RBA) surprised the market by hiking its Overnight Cash Rate by 25bps to 3.85%. Justifying its abrupt volte-face, the central bank said “inflation… is still too high and it will be some time yet before it is back in the target range”.
Find out how building a liquidity investment strategy based on money market funds and ultra-short duration bond funds can offer short-term investors a liquid and secure alternative to cash deposits.
We offer investment solutions spanning a range of currencies, risk levels and durations to meet our clients’ specific operating, reserve and strategic cash management needs.