Our team focuses on the unique needs of our corporate treasury and municipal government clients.
Customized liquidity strategies are built around your investment objectives and specific liquidity requirements.
The goal is to help preserve principal, meet your liquidity requirements, and increase income.
We utilize Stifel’s fixed income execution desk's access to over 100 broker-dealers, delivering world-class insight and execution.
Monthly Reporting
Our monthly portfolio reporting is typically available by the second business day of the month.. It is a modular system where clients can choose which sections they want to receive. It includes:
- Two different summary/reconciliation reports
- Portfolio summary by maturity
- Portfolio summary by asset class
- Holdings
- Other than temporary impairment (OTTI) analysis
- Exposure by obligor analysis
- Interest income
- Purchases
- Sales and maturities
- Journals
What is the value proposition of working with a professional short-duration fixed income (SDFI) cash management team? An SDFI manager:
- Enables the business management team to focus on the most important things: building and growing their business.
- Should be viewed as a resource that business management and their other professional advisors (tax, legal) can look to for advice and execution..
- Customizes the investment portfolio based upon your company’s unique set of circumstances.
- Generally has a higher information ratio on the markets and investment options that are appropriate and available for the business.
- Can make recommendations on how the portfolio is invested that may have a material impact on cash flow.
- Is able to quantify interest rate risk of multiple asset classes over many possible scenarios, seeking to gain advantage for the investor.
Three Areas of Expertise for Customization
Liquidity Bucket
Overnight to 90 Days
- 2a-7 money market funds
- Bank deposits (money market deposit account)
- Certificates of deposit (CDs),
time deposits, Yankee CDs
- U.S. Treasuries
- U.S. agencies
- Corporate bonds
- Commercial paper
Short-Term Bucket
91 Days to One Year
- Certificates of deposit (CDs)
- U.S. Treasuries
- U.S. agencies
- Municipal bonds
- Commercial paper
- Corporate bonds
Strategic Bucket
One-to-Five Years
- U.S. Treasuries
- U.S. agency callable and step up
- Corporate bonds
- Municipal bonds
- Sovereign and supranational debt
- Structured products
- Agency mortgage-backed securities
Mapping the three areas listed above to
available strategies, the Liquidity and Short-Term buckets maps to the Reserve Fund and Strategic Cash strategies, while the Strategic Bucket maps to the Taxable Ultra-Short or Taxable Short investment strategies.