HSBC Reserve Management Trends 2020
Since its first publication in 2005, HSBC Reserve Management Trends has supplied an insight into the practices and methods applied by reserve managers across the world. Now in its 16th edition, this key guide continues to provide reserve managers and the stakeholder community with invaluable insights into the practices, expectations and outlook of the global reserve management community.
The book includes extensive analysis in a survey 74 reserve managers responsible for more than $6 trillion on subjects such as Covid-19, asset allocation, tranching, derivative use, custody selection, currency preferences, socially responsible investing, and risk management.
Chapters from central bank experts and the broader reserve management community cover: climate risk, benchmark replication, data systems for reserves and ALM framework.
The book includes an exclusive interview with the head of reserve management at the Central Bank of the Philippines, Ma. Ramona GDT Santiago.
Since its first publication in 2005, HSBC Reserve Management Trends has supplied an insight into the practices and methods applied by reserve managers across the world. Now in its 16th edition, this key guide continues to provide reserve managers and the stakeholder community with invaluable insights into the practices, expectations and outlook of the global reserve management community.
The book includes extensive analysis in a survey 74 reserve managers responsible for more than $6 trillion on subjects such as Covid-19, asset allocation, tranching, derivative use, custody selection, currency preferences, socially responsible investing, and risk management.
Chapters from central bank experts and the broader reserve management community cover: climate risk, benchmark replication, data systems for reserves and ALM framework.
The book includes an exclusive interview with the head of reserve management at the Central Bank of the Philippines, Ma. Ramona GDT Santiago.
| ISBN | 978 1 78272 985 3 |
|---|---|
| Navision code | LRMT20 |
| Publication date | 17/6/20 |
| Size | 155mm x 235mm |
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.
Contents
About the contributors
Glossary
Executive Summary
1. Trends in reserve management 2020
Nick Carver and Karolina Šilytė
2. Interview with Ma. Ramona G.D.T. Santiago, Central Bank of the Philippines
Nick Carver
3. Scoring climate risks: which countries are the most resilient?
Ashim Paun
4 A hundred ways to skin a cat – or some practical thoughts on benchmark replication
Juliusz Jabłecki and Jacek Próchniak
5 Developing a sovereign ALM framework: a case study of Mauritius
Streevarsen P. Narrainen
6 Developing an integrated information system for reserve management: the experience of Peru
Jesus Alberto Zapata, Guillermo Alarcon and Omar Santivanez
Appendix 1: Survey questionnaire 00
Appendix 2: Survey responses and comments 00
Appendix 3: Reserve statistics