Good morning In a year defined by uncertainty, CFOS must remain agile and make proactive decisions to navigate in a financial landscape in which the market mood can “turn up a cent”.
That was the focus of an interesting conversation that I had with Amol Dhargalkar, Chairman and Managing Director of Chatham Financial, a global advisory and technology company for financial risk management. Dhargalkar shared insights from his discussions with CFOs and emphasized three main problems.
Financing not later
“If there is a big topic that I can indicate, use CFOs, if there is a chance to finance,” said it, “said Dhargalkar.
He explained that in this tendency towards immediate action, the interest rates of the US Federal Reserve and more about the market mood, which can quickly shift due to geopolitical or political changes, are less related to the US Federal Reserve effort. Many CFOs prefer to secure deals now instead of risking adverse developments such as new tariffs that could have a negative impact on their business.
The latest data show a considerable amount output Dhargalkar stated in the first half of the year that reflected this proactive approach. Even if interest rates could decrease slightly in the coming months, the risk of waiting often prevails for the potential benefits for many financial leaders.
Navigating volatile binding yields
“We saw a lot of volatility in the income of the government bonds who played on the market in a variety of ways,” said Dhargalkar. CFOS monitor these fluctuations exactly, although uncertainty about future movements remains high. This does not mean that investors leave the US markets, but it is an important area that is concerned for financial leaders.
Causes regarding the potential effects of President Trump’s tax laws last month, especially due to the fears of significantly increasing the US state debt, would greatly increase nationals. Assets reported.
The effects and currency risk of the dollar
The strength – or weakness – of the US dollar is also in the foreground, especially for multinational companies, said Dhargalkar. Many CFOs ask if new Dollar weakness is temporary or a longer -term trend and how to manage associated currency risks. This environment has prompted some companies to implement or expand currency protection programs, in particular those who were previously exposed to limited exposure, he explained.
Managing currency risks is more difficult for smaller multinational companies that have less likely robust hedging programs, said Dhargalkar. For companies with significant overseas, a weaker dollar can be a positive net positive because the foreign income leads more dollars, he explained. However, the fast movement of the dollar in both directions usually triggers extensive internal discussions about security strategies and financial forecasts.
When I asked Dhargalkar about his greatest advice for CFOs, he said: “Remember your approach to capital structure and financing instruments.” When companies go beyond the “fire brigade mode”, they should consider diversify their output base -such as the issue of debt abroad or exploration of private credit markets -as to rely on traditional US financing options, he suggested.
Today’s financing tools are more flexible, although they are often more expensive compared to higher rates compared to a few years ago. “You don’t have the feeling that you capture yesterday’s tools,” said Dhargalkar.
Sheryl Scot
sheryl.estrada@fortune.com
Ranking
James CookCFO of SEALY & CompanyA real estate investment and service company will officially retire after 24 years of service on June 30th. James Gilligan will leave Cook as a CFO, valid on June 16. Gilligan joins the company in April and brings an executive leadership background to real estate investments and private capital. Previously, he was a CFO and treasurer of Ackerland partners and previously worked at Equity International and Equity Group Investments.
Alice Heathcote was appointed CFO by Original energyA platform for renewable energy and decarbonization solution, immediately effective. Most recently, Heathcote served as CFO at Strata Clean Energy. Before that, she spent seven years at Contourglobal, a global independent power producer. During her tenure, she held several leadership roles, including SVP for financing and acquisitions, where she led the Conspourglobal IPO on the London stock exchange. It also served as a CFO of renewable division for almost four years.
Big deal
E*trade from Morgan Stanley’s monthly analysis showed that the three most purchased sectors on the platform in May were consumer clips (+11.35 %), consumer discretionary (+10.88 %) and real estate (+9.91 %). The data is based on the net percentage/sales behavior of shares on the platform that include the S&P 500 sectors.
In May, E*Handel from Morgan Stanley customers in nine of 11 S&P 500 sectors, Chris Larkin, Managing Director for Trade and Investment, were involved in an explanation. “It seemed to be a mixture of defensive and risk-on activities on the merchants because customers made the biggest push into consumer foods, followed by consumer data,” said Larkin. In addition, customers were net buyers of the real estate sector for the second month in a row. “Customers were net buyers of industry and financial data and only modest net runners of the two sectors who won the most in May – tech and communication services,” he said.
Go deeper
The second year Fortune Southastasien 500 List Provides an insight into a region that is ready to use the global shifts of the supply chain and the booming industries such as mining, EVS and AI. No. 1 The Trafigura Group is on the list, one in Singapore based in Singapore based in global raw materials.
The seven countries of the first list of Southeast Asia 500 in Southeast Asia – Indonesia, Thailand, Malaysia, Singapore, Vietnam, the Philippines and Cambodia – judge in 2025 and continue to make the region’s economy. The companies in Southeast Asia 500 play an increasingly important role in global supply chains – the shift in production capacity from China, which draws considerable capital currents and repels the global trade dynamics.
Oversighted
“The attitude of a lot of junior people who come into the construction of agent workflows and pick up KI first is only a different way of thinking about the construction of products. We actually get a lot of value if we bring in this university dropout.”
-Canva co -founder Cliff Obrecht said in an interview at the “Viva Technology” event in Paris. Assets reported. Job seekers with AI skills may have an advantage over those with university instructions, he said.
