Where to put your cash when falling interest rates lower returns

Higher interest rates prompted a 'dash for cash' among investors seeking low-risk, decent returns. However, interest rates now appear to have peaked, and US rate cuts have been predicted before 2024 is out. This means reduced returns on cash and short-term investments. So, how can investors navigate this mitigate reinvestment risk without taking on undue duration risk? According to Muzinich & Co portfolio managers Tatjana Greil Castro and Ian Horn, an allocation into short-dated corporate credit could help, while offering a spread premium over government bonds and cash instruments. Greil...