Book description
Since it was first published in 2005, this key guide has provided crucial insight into the policies, practices and thinking of reserve managers around globe. It is acknowledged as the industry standard among practitioners and the stakeholder community. Now in its thirteenth edition, HSBC Reserve Management Trends 2017 provides analysis of exclusive survey of 80central banks responsible for more than $5.9 trillion in reserves.
This essential guide addresses key questions on reserve managers’ may have on, portfolio management, currency trends as well as organisational information, such as:
- What impact has the US election and EU referendum had on the markets and on currency?
- How do reserve managers view on the reniminbi?
- Which non-traditional assets and currencies are central bankers most interested in?
Whether you are a reserve manager looking to read up on your peers’ techniques, or an asset manager delving into the strategies and fears of reserve management, or a central bank director ensuring your department is up-to-date with its practices and approaches – this book an essential purchase for you and your organisation.
Topics include:
2017 survey results
Adding corporate bonds to the foreign reserve portfolio
Factor equity investing: consideration for reserve managers
The contribution of an ALM approach to monetary and fiscal policy
An ERM framework within reserve management
Book details
- ISBN
- book -9781782729723 / epub- 9781782729730
- Publish date
- 3 Apr 2017
- Format
- Paperback
- Size
- 155mm x 235mm
Editor biography
Robert Pringle and Nick Carver
Editor, Robert Pringle, is Chairman of Central Banking Publications. Before starting Central Banking, Robert was for several years Editor of The Banker and subsequently he was closely associated with the establishment of the well-known "think tank", the Group of Thirty, where he served for seven years as the first Executive Director based in New York. He was also for three years a Senior Fellow at the United Nations institute called WIDER in Helsinki.
Nick Carver is the publisher of Central Banking Publications, which he joined as an editorial assistant in 2001. He was assistant editor of Central Banking journal for five years and has co-edited (with Robert Pringle) Central Banking Publications’ annual Reserve Management Trends publication since its launch in 2005. He is also the publisher of Risk Books and Risk Journals, two long-established imprimaturs of Incisive Media, which acquired Central Banking Publications in 2007. He graduated with a master’s degree in economics and politics from the University of Edinburgh and taught English in Japan for two years before joining Central Banking Publications.
Table of contents
About the authors
Glossary
Executive summary
1 Trends in reserve manage – 2017 survey result
Nick Carver and Emma Glass
2 Adding corporate bonds to the foreign reserve portfolio
Ramune Arust3
3 Factor equity investing: considerations for reserve managers
Michael Cross, Nohman Iqbal and Alexander Davey
4 Interview: Andrew Abir
Nick Carver
5 The contribution of an ALM approach to monetary andfiscal policy: the case of Uruguay
Leonardo Vicente, Fabio Malacrida and Fernando Zimet
6 An ERM framework within reserve management
Paulo Cacella
Appendix1 Survey questionnaire
Appendix 2 Survey responses and comments
Appendix 3 Reserve statistics
Customer Reviews
