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Advisor to League of Minnesota Cities outlines 4M investment options; city urged to analyze liquidity and ladder dollars
Summary
An investment advisor described the League of Minnesota Cities' 4M program, recommended cash‑flow analysis and suggested the city consider moving a portion of short‑term cash into longer, laddered investments to capture higher yields while maintaining liquidity.
An investment advisor from a firm administering the League of Minnesota Cities’ pooled cash programs presented options and recommended a cash‑flow analysis to determine whether Corcoran can shift a portion of short‑term cash into longer‑term instruments to earn higher yields.
The presenter (Corey) said the 4M program offers a variety of options: highly liquid money‑market products (4M and 4M Plus), a term series (fixed‑term pooled investments up to 13 months), and longer‑duration vehicles for reserves. He said the program…
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