HSBC Reserve Management Trends 2021
Where are central banks investing? How are they implementing socially responsible investing? What will be the impact of CBDCs on reserve management? These are some of the questions addressed in HSBC Reserve Management Trends 2021.
Edited by Robert Pringle and Nick Carver, the book features a unique survey of 78 central bank reserve managers responsible for more than $6 trillion in reserves. It also includes an exclusive interview with Jarno Ilves, head of asset management at the Bank of Finland, a central bank that has taken the lead on SRI.
Where are central banks investing? How are they implementing socially responsible investing? What will be the impact of CBDCs on reserve management? These are some of the questions addressed in HSBC Reserve Management Trends 2021.
Edited by Robert Pringle and Nick Carver, the book features a unique survey of 78 central bank reserve managers responsible for more than $6 trillion in reserves. The chapter reveals their views on:
1. How portfolios and risk management will change post Covid-19
2. Implementing socially responsible investing
3. The impact of central bank digital currencies (CBDC)
4. Currencies they invest in – and plan to invest in
5. Holdings of the renminbi
6. Use of external managers
The book includes an exclusive interview with Jarno Ilves, head of asset management at the Bank of Finland, a central bank that has taken the lead on SRI.
Chapters from central bank experts and the broader reserve management community cover: derivative usage, emerging-market bonds, renminbi internationalisation and the New York Fed’s Fima initiative.
Trusted, contributed to and used by central bankers for 17 years, the Reserve Management Trends series is the regular, independent and authoritative survey of the views and practices of the reserve management community.
HSBC Reserve Management Trends 2021 is published by Central Banking Publications with the support of HSBC.
| ISBN | 978-1-78272-987-7 |
|---|---|
| Navision code | LRMT21 |
| Publication date | 17/5/2021 |
| 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 global brand director of Central Banking Publications. 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.
- Trends in reserve management 2021 – survey results
Nick Carver - Reserve management in China: foreign reserves, renminbi internationalisation and beyond
Hui Feng - Emerging market debt during interest rate increase cycles: analysis for reserve managers
Luther Bryan Carter and Michael Cross - Interview with Jarno Ilves, Bank of Finland
Nick Carver
Appendix 1: Survey questionnaire
Appendix 2: Survey responses and comments
Appendix 3: Reserve statistics