More than one third of assets managed by CPR AM are in money-market and short term funds. These are split into three distinct categories that are based on investor needs:
Cash management solutions
A full range OF SOLUTIONS FOR DIFFERENT investor objectives
Short-term money-market
Priority to optimising liquidity, the quality of securities, and strict monitoring of risks
Money market
Get surplus returns while retaining a high degree of liquidity in a tightly controlled risk framework
Short-term bond
Go beyond money-market funds for additional drivers of performance. An original approach: effective management of sensitivity, duration, liquidity and opportunities for diversification
ONE INVESTMENT, ONE HORIZON
OUR THREE-PILLARS philosophy
| OPTIMISing liquidity |
RISK TAKING THAT IS ADJUSTABLE TO MARKET CONDITIONS |
daily and CLOSE MONITORING OF RISKS |
CONSTANT RISK CONTROL
Securities are selected on the basis of regulatory restrictions applicable to money-market management and is enhanced by extremely strict internal risk monitoring rules covering liquidity, ratings, maturity and other areas.
- Management of liquidity risk, as liability flows may be heavy in money-market funds, particularly at the ends of quarters. To do so, the investment management team keeps a constant store of liquidity on hand and calibrates a regular calendar of maturities;
- Management of interest-rate risk with more or less systematic hedging depending on the funds
- Management of credit risk with variable risk taking depending on the market regimes.
- Management of specific risks with the assistance of the experienced credit research team, which reviews and issues issuer and sector recommendations to the investment managers.
Past performances are not a reliable indicator of future performances of the funds and of the funds manager.