The Treasury Update Podcast by Strategic Treasurer

Episode 289

Short-Term Investing Series by Federated Hermes – Part 2: Cash and Credit Considerations

Join us for another installment of the Short-Term Investing Series by Federated Hermes on the Treasury Update Podcast. In this episode, experts from Federated Hermes discuss the nuances of short-term investments, focusing specifically on cash and credit considerations. The conversation touches on credit quality, duration, economic outlook, yield curve, money market funds, managing asset-backed securities, and more.

Speakers:

  • Craig Jeffery, Managing Partner at Strategic Treasurer
  • Mark Weiss, CFA, Vice President, Senior Portfolio Manager, Federated Investment Management Company
  • Nicholas Tripodes, CFA, Senior Vice President, Senior Portfolio Manager, Head of Low Duration/Structured Products Group, Federated Investment Management Company
  • John Mosko, Senior Vice President, Liquidity Management Division, Federated Securities Corp.

Visit federatedhermes.com for more information.

Show notes:

To learn more about the topics discussed, please refer to the following links:

  1. Money market funds 101.
  2. The difference between investing and depositing your cash.

Views are as of December 13, 2023, and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security or sector. You could lose value by investing in a money market fund. Although some money market funds seek to preserve the value of your investment, at $1.00 per share, they cannot guarantee they will do so. An investment in money market funds is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Past performance is no guarantee of future results. Federated Securities Corp is a distributor of the Federated Hermes Funds and is not affiliated with Strategic Treasurer. Bond prices are sensitive to changes in interest rates and a rise in interest rates can cause a decline in their prices. Short duration bond funds are not “money market” mutual funds. Some money market mutual funds attempt to maintain a stable net asset value through compliance with relevant Securities and Exchange Commission (SEC) rules. Short duration funds are not governed by those rules, and their shares will fluctuate in value. The value of some asset-backed securities may be particularly sensitive to changes in prevailing interest rates, and although certain securities may be supported by some form of government or private guarantee and/or insurance, there is no assurance that private guarantors or insurers will meet their obligations. Credit ratings do not protect against market risk.

Speaker:

Mark Weiss, Federated Hermes

Craig - Headshot

Speaker:

Nicholas Tripodes, Federated Hermes

Craig - Headshot

Co-Host:

John Mosko, Federated Hermes

Craig - Headshot

Co-Host:

Craig Jeffery, Strategic Treasurer

Craig - Headshot
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