More On Illusory Corporate Cash And The Deloitte Report

HFA Padded
HFA Staff
Published on
Updated on

A report by Deloitte, reported by FT, says that just 32% of the constituent companies of the S&P Global 1200 index held 82% of the aggregate gross cash pile of an estimated $2.8T. “The pile of unspent corporate cash that has built up since the start of the financial crisis is being held by an increasingly concentrated pool of companies that will be crucial to hopes of a pick-up in business investment to stimulate the world economy,” says the FT article. Capex or dealmaking? The report quotes Iain Macmillan, Deloitte head of M&A, to say that “looking ahead, the wave...

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.