Citco Middle Office Solutions report: Treasury transaction values jump to $514B as cash continues to shine
![Q1 2024 MOS report](https://www.citco.com/uploads/images/insights/_AUTOx1024_crop_center-center_none/Q1-2024-MOS-report.png)
3 May 2024 - The value of treasury transactions among alternatives and institutional funds jumped by 27% to $514B in Q1 of this year versus the previous quarter, according to the latest data from the Citco group of companies (Citco), the leading asset-servicer with $2 trillion in assets under administration (AuA).
Expectations of impending rate cuts have driven activity across markets in the first quarter, with investors weighing up the likelihood of cuts amid a backdrop of stubborn inflation, strong economic growth and record prices for stocks and core commodities.