Asset diversification and staff training main goals for external contracts

All non-high income central banks aim to offer training to staff

Asset diversification and staff training are the main goals central banks pursue in their collaboration with external managers, shows data from the Reserve Benchmarks 2022.

In total, 34 central banks addressed this section. Overall, 76.5% of respondents said a key objective when working with an external asset manager is to add a new asset class to the reserves portfolio. The same share said offering training to staff was one of their main goals.

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