Controlling several billion dollars in financial assets, central bank reserve managers are a major force driving global markets.
Whatever they say and don’t say, moves markets and creates trends. Once established these can be rapidly adopted by a community increasingly under pressure to improve financial performance.
Trusted by reserve managers for more than a decade, HSBC Reserve Management Trends has been the only regular, practitioner-oriented publication to get the answers to questions that can pre-empt these trends. Use the 2016 edition to discover what reserve managers are thinking, what they’re doing and their hopes and fears for the future.
Discover the thoughts of the 77 reserve managers surveyed on crucial topics, including:
- The divergence in monetary policies between the US and Europe
- The implications of rising interest rates in the US
- Currency diversification
- The renminbi as a reserve currency
- The attractiveness of exchange traded funds (ETFs)
- Adding income to portfolios
- The use of external managers
With expert opinion and experience this trusted reference is a must have, especially for those presenting to their boards and governors.
- Book - 9781902182964
- Publish date
- 25 Apr 2016
- 155mm x 235mm
Table of contents
About the authors xiii
Executive summary xix
1 Trends in reserve manage – 2016 survey results 1
2 Green bonds as a means to tackle climate change 45
Zoë Knight and Michael Ridley
3 Interview: Aniq Aziz 55
4 Reserves tranching: the experience of the National Bank of
5 The National Bank of Austria’s gold management strategy 77
Franz Partsch and Daniel Pumberger
Appendix 1 Survey questionnaire 85
Appendix 2 Survey responses and comments 103
Appendix 3 Reserve statistics 153