Cash Management

Good cash management is essential for an efficient settlement cycle. SNBL puts important emphasis on the close monitoring of cash balances of the investment vehicles under its administration.

Investment vehicles’ idle cash balances in major currencies are remunerated by SNBL on a day-to-day basis in line with prevailing market conditions. Upon specific request of the investment manager and subject to the investment vehicles' investment management regulations, deposits can be executed on a fiduciary basis with correspondents of its choice.

Cash projections reports are provided to investment managers if so required.