Now in its eighth year, the only annual survey of central bank reserve managers provides candid insights into the thinking of official sector portfolio managers.
RBS Reserve Management Trends 2012 features an exclusive report of a survey more than 50 central banks, responsible for more than $5 trillion in reserve assets, on their reaction to the global financial crisis and how they view the key questions facing financial markets and the international monetary system.
The book, published on April 17 2012, features chapters from reserve managers, central bankers and market observers on the important themes of diversification, asset allocation, gold holdings, Chang Mai and outsourcing.
In an exclusive interview, the head of reserve management at the Bank of Korea explains the central bank’s strategy in the crisis and discusses changes to how the reserve management function is organised and plans for adding the renminbi to its reserve portfolio.