As they keep a significant chunk of assets in cash and cash equivalents, companies are investing in fewer asset classes, according to a survey by the Association for Financial Professionals. Last year, most companies used fewer than three investment vehicles. In 2009, the total was closer to eight.
Compliance expertise has become a must-have for any company considering a merger or an acquisition, writes Nick Allard, dean of Brooklyn Law School. Regulations across several industries have exploded, contributing to a surge in demand for compliance officers. However, supply is low, especially for candidates with a law degree, Allard says.