Cash & Liquidity Management

How J.P. Morgan Global Liquidity provided a successful short-term liquidity strategy to Alibaba, a global leader in online and mobile commerce

Published: Jul 2016
J.P. Morgan Asset Management Thought for the Month – building stronger liquidity strategies – let's solve it.

July 2016

With a strong RMB cash position in onshore China, Alibaba’s treasury team were looking for short-term liquidity investment tools that would give them a better yield without compromising liquidity. Yet at a time when China had not begun to liberalise its interest rate market, higher yielding cash investment products meeting Alibaba’s corporate investment criteria in terms of transparency and credit rating were very few and far between.

As Randy Ou, Vice President, Treasury, at Alibaba Group, explains: “A few years back when China’s interest rate market was not as market-driven as it is now, our options were limited. What’s more, the choice of investment tools with a satisfactory credit rating was even more restricted back then.”

To find out how Ou and his treasury team at Alibaba Group overcome this challenge by utilising the RMB money market fund (MMF) offerings distributed by J.P. Morgan Global Liquidity (JPM GL), read the full case study here.

You can also download other Liquidity Insights from our J.P. Morgan Global Liquidity website With its user-friendly navigation, you’ll find a seamless connection between liquidity investment solutions and our best thinking, which can help you meet your goals in today’s complex investing environment.

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