DiscoverPIMCO Accrued InterestMoving Cash from Defense to Offense with Jerome Schneider
Moving Cash from Defense to Offense with Jerome Schneider

Moving Cash from Defense to Offense with Jerome Schneider

Update: 2025-03-14
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Given the uncertain outlook for risk assets and the economy, saving has effectively become “investing” for many. Now, more than ever, it’s important to be intentional in how you allocate cash. By tiering liquidity, advisors and their clients can seek to balance short-duration allocations across different timelines and needs - and make cash work harder in their portfolios.   


In this episode, Jerome Schneider, PIMCO’s Head of Short-Term Strategies, and Chad Van Dyk, Account Manager, sit down with host Greg Hall, Head of U.S. Global Wealth Management, to discuss all things short term and the right tail of risk in fixed income.


Cash – is it a price taker or a price maker? Liquidity can come at a cost, but for those who thoughtfully balance cash allocations across different short term approaches, we see opportunities at the front end of the yield curve.



Explore liquidity tiering - and why bond people don’t just see the glass half empty - with Jerome Schneider (Head of Short-Term Portfolio Management and Funding), Chad Van Dyk (Account Manager) and host Gregory Hall (Head of U.S.Global Wealth Management).

Key topics in today’s episode include:



  • Jerome’s perspective on today’s market environment



  • Why advisors and clients are now thinking of cash as an asset class



  • Nuances across the full spectrum of short-term strategies



  • The argument for tiering liquidity - and the outcomes it can create



  • Valuation themes and the risk of single asset class vehicles



  • ... and more.


How Can Your Cash Work Harder?


The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information included herein is not based on any particularized financial situation, or need, and is not intended to be, and should not be construed as, a forecast, research, investment advice or a recommendation for any specific PIMCO or other security, strategy, product or service. Past performance is not a guarantee of future results. All investments contain risk and may lose value. Investors should speak to their financial advisors regarding the investment mix that may be right for them based on their financial situation and investment objective. Podcasts may involve discussions with non-PIMCO personnel and such content contain the current opinions of the speaker but not necessarily those of PIMCO. Other podcasts may consist of audio recording of an existing PIMCO article and such material contains the current opinions of the manager. The opinions expressed in all podcasts are subject to change without notice. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. This is not an offer to any person in any jurisdiction where unlawful or unauthorized. For additional important information go to www.pimco.com/gbl/en/general/legal-pages/podcast-disclosures

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Moving Cash from Defense to Offense with Jerome Schneider

Moving Cash from Defense to Offense with Jerome Schneider

PIMCO