Sandbagging

Cash management.

The practice of retaining greater than usual cash reserves.

European corporate treasurers face a shifting investment landscape

"Another emerging trend is the focus on cash retention, or “sandbagging”, by corporates. With limited clarity about where markets are heading and few attractive reinvestment opportunities, many companies are holding on to more cash than usual. This caution reflects concerns about future uncertainty, where treasurers appear to be prioritising liquidity and flexibility, especially in sectors with greater exposure to macroeconomic shocks."

The Treasurer online 13 June 2025.

See also

• Cash
• Cash management
• Cash reserves
• Corporate
• Home bias
• Liquidity
• Macroeconomics
• Shock

Other resource

• European corporate treasurers face a shifting investment landscape - The Treasurer online 13 June 2025