According to a recent report by J.P. Morgan, the working capital of the S&P 1500 companies returned in 2021 to levels prior to the COVID-19 outbreak led by a recovery in the global economy. The report also found cash levels amongst corporates reducing last year as firms deploy funds strategically after a period of cash preservation. But how will all that weigh on firms performance for the rest of this year?
On Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Gourang Shah, Global Advisory Head for Payments at J.P. Morgan, and author of the report for more.