The Big Risk in Holding Cash

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About This Episode

Amid higher interest rates and consequently higher yields, investors have piled into cash. My guest today will explain why it’s time to make a move. His position is that cash should be an asset to provide for short-term (less than 12 months) liquidity needs. Beyond that, investors should consider an appropriately diversified portfolio to achieve their financial goals. While short-term performance may work in investors’ favor, he will argue that over the long term, the benefits of being invested outweigh the potential short-term benefits of sitting in cash.

About Our Guest

Seth Meyer is head of client portfolio management and a portfolio manager at Janus Henderson Investors.

Seth Meyer is a fixed income industry veteran, with over two decades of credit research and portfolio management experience, and is one of the founding portfolio managers for the flagship Janus Henderson Multi-Sector Income portfolio.

Seth is global head of client portfolio management at Janus Henderson Investors, a position he has held since 2024. In this role, Seth leads the global equity and fixed income client portfolio manager (CPM) teams where he is responsible for driving the commercial strategy of the asset classes. Additionally, he has been a portfolio manager on the corporate credit and US fixed income teams since 2015. Seth was promoted from an analyst to assistant portfolio manager in 2012. He became head of fixed income strategy in 2022. Seth joined Janus in 2004 as a product manager covering a variety of equity and fixed income strategies before becoming a credit analyst in 2005. Prior to Janus, he was a consultant relations manager at OppenheimerFunds.

Seth received his bachelor of science degree in business administration with a concentration in finance from the University of Colorado. He holds the Chartered Financial Analyst designation and has 26 years of financial industry experience.

Show Notes

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