The world is to remain focused on securing fiscal stability this year, it has been said.
JP Morgan Asset Management has told corporate finance professionals that the main intention of 2011 is to create financial stability.
Results from its Global Cash Management Survey, carried out in conjunction with The Association of Corporate Treasurers, have shown that people in the corporate financing world are to remain cautious following the global economic crisis.
It found that there will be an increased emphasis on securing fiscal stability in an attempt to reduce risk.
The economic strength of banks has risen in importance for the second year in a row, the survey found.
It also revealed that liquidity remains in focus, with 68 per cent of respondents saying it is one of their five financial concerns of 2011.
Earlier this week, JP Morgan Asset Management launched an active fund called JPM UK Active Index Plus Fund to encourage investments in the passive marketplace.
Available from February 1st 2011, it comes with a reduced annual management charge of 0.25 per cent a year.
Source: http://www.commercialfinancegroup.co.uk
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