Cash Management

ACG’s cash flow model can assist clients in identifying segments of client portfolio that can exploit the steepness of the short-term yield curve. Based on both past seasonal experience and future projections, the client’s portfolio is divided into an immediately liquid component, a short-term segment (30 to 120-day maturities) and a core balance that can more fully take advantage of active management strategies.

The goal of the cash flow analysis is to conservatively incorporate a client’s specific situation while attempting to take advantage of the 50 to 100 basis point enhancement in yield that can result from extending short-term portfolio maturities.

How ACG Adds Value

• Focusing on risk-adjusted returns
• Duration Management
• Employing optionality at opportune times
• Competitive procurement of securities
• Focusing on tax efficiency
• Adjusting strategy to market conditions
• Tailoring the portfolio to a specific set of circumstances

Benefits of Cash Management

Risk Management

• Matching of assets and liabilities
• Continuously monitoring creditworthiness
• Diversifying the portfolio across sectors and issuers

Yield/Return Enhancement

• Competitive procurement of securities
• Buying the segment of the yield curve that presents the best relative value (within the strategy)
• Trading among fixed-income sectors and yield curve positions
• Low fees - 1/3 the cost of many pooled cash management products
• Tax efficient security selection
• Tailoring portfolio configuration may allow for better utilization of the short-term yield curve

Experience

• ACG’s principals have collectively over 80 years of investment experience
• Manage and advise on over $2 Billion of investment assets
• ACG’s services, centered on investment process and investment management allows for experts from several disciplines to contribute to client solutions

Resources

• Team approach to portfolio management and trading
• State-of-the-art analytic tools