Enhanced Cash – How to Position Cash Post Fed-Pivot
3:00 PM - 4:00 PM MT
Speaker(s): Rob Fischman, Associate Vice President, Business and Finance and Chief Financial Officer, University of South Florida Foundation, Kathryn Mawer, Senior Vice President, FEG Investment Advisors, Matt Routh, Managing Director, Barrow Hanley Global Investors, Sarah Wessling, VP Governance Lead, FEG Investment Advisors
Elective Session
After more than a decade of nearly imperceptible returns on cash, the Federal Reserve Policy of increased rates created opportunities for risk-free assets, like 3-month T-bills, to generate some serious… well… cash. Greater than 5% returns were common in cash portfolios that were quick to adjust their strategies. Now that the Federal Reserve has pivoted away from its rate-hiking stance to one of probable declines in 2024, investors are left questioning how to re-position their cash.