World faces ‘new investment regime’, says Mauritian governor

Seegolam says “bonds are back” but FX will be volatile

Harvesh Seegolam
Harvesh Seegolam
Bank of Mauritius

The governor of the Bank of Mauritius said the world is entering a “new investment regime” that will pose challenges for reserve managers.

Speaking at the Central Banking Spring Meetings, Harvesh Seegolam said higher interest rates and inflation will bring a more volatile environment. Reserve managers will need to be “nimble” and willing to make “more frequent portfolio changes”.

The BoM governor said high policy rates meant that “bonds were back”, especially those with short maturities. His

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