HSBC launches Liquidity Investment Solutions as cash holdings rise
The new product is an “automated multi-manager liquidity and investment solution”.
The new product is an “automated multi-manager liquidity and investment solution”.
HSBC is launching Liquidity Investment Solutions, described as an automated multi-manager liquidity and investment solution that will enable treasurers to automate the allocation and investment of excess cash. The banks said that the new product is in response to record highs in cash holdings, persistently low interest rates and regulatory requirements such as the Basel III funding value of deposits, which means that treasuries are increasingly looking at the opportunities afforded by their balance sheets.
Liquidity Investment Solutions, which is now live, enables both corporate and financial institution clients to invest and redeem excess cash across a range of investment options, including nominated money market funds of HSBC Global Asset Management Group, BlackRock, Goldman Sachs Asset Management and/or JP Morgan Asset Management.
Related reading: What are the objectives of liquidity management?
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