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 2015 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 72 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.
- Publish date
- 13 Apr 2015
- 155mm x 235mm
Table of contents
1. Trends in reserve manage – 2015 survey results
2. Integrated risk modelling for central bank portfolios
Alejandro C. Reveiz, Maria Margarita Sanchez, Mahmut Rustem Sen and Benjamin D. Whitcher
3. Collateral transformation to enhance portfolio yields
4. The Chinese renminbi as a reserve currency: The Uruguayan experience
Diego Indarte and Victoria Gzech B.
5. The case for alternatives
6. Reflections on the IMF’s revised guidelines for foreign exchange reserve management
Abdullah Al-Hassan, Pascal Farahmand and Michael G. Papaioannou
7. Interview: Lamido Yuguda
Appendix 1 Survey questionnaire
Appendix 2 Survey replies
Appendix 3 Reserve holdings