Cash is an unglamorous – but critical – element of portfolio management. For the past couple of years yields on cash-like instruments were negligible, leading endowments to hold cash in bank accounts bearing little to no interest. This year’s increases in short-term interest rates have changed this calculus. Non-profits are now able to explore more active approaches to cash management which have the potential to realize some additional return in a market environment that has been challenging for all asset classes. TIFF explores how organizations can define cash needs and help identify what strategy may be appropriate for them.

Cash is an unglamorous – but critical – element of portfolio management. For the past couple of years yields on cash-like instruments were negligible, leading endowments to hold cash in bank accounts bearing little to no interest. This year’s increases in short-term interest rates have changed this calculus. Non-profits are now able to explore more active approaches to cash management which have the potential to realize some additional return in a market environment that has been challenging for all asset classes. TIFF explores how organizations can define cash needs and help identify what strategy may be appropriate for them.

Cash is an unglamorous – but critical – element of portfolio management. For the past couple of years yields on cash-like instruments were negligible, leading endowments to hold cash in bank accounts bearing little to no interest. This year’s increases in short-term interest rates have changed this calculus. Non-profits are now able to explore more active approaches to cash management which have the potential to realize some additional return in a market environment that has been challenging for all asset classes. TIFF explores how organizations can define cash needs and help identify what strategy may be appropriate for them.

Cash is an unglamorous – but critical – element of portfolio management. For the past couple of years yields on cash-like instruments were negligible, leading endowments to hold cash in bank accounts bearing little to no interest. This year’s increases in short-term interest rates have changed this calculus. Non-profits are now able to explore more active approaches to cash management which have the potential to realize some additional return in a market environment that has been challenging for all asset classes. TIFF explores how organizations can define cash needs and help identify what strategy may be appropriate for them.

Cash is an unglamorous – but critical – element of portfolio management. For the past couple of years yields on cash-like instruments were negligible, leading endowments to hold cash in bank accounts bearing little to no interest. This year’s increases in short-term interest rates have changed this calculus. Non-profits are now able to explore more active approaches to cash management which have the potential to realize some additional return in a market environment that has been challenging for all asset classes. TIFF explores how organizations can define cash needs and help identify what strategy may be appropriate for them.