Trends in reserve management 2024: survey results

Insights on geopolitical risk, AI, asset diversification, risk management and ESG adoption

This annual survey of reserve managers was conducted by Central Banking Publications in January and February 2024. The survey, which is the 20th in the annual HSBC Reserve Management Trends series, was made possible by the support and co-operation of the reserve managers who take part in it. They contributed on the condition that neither their names nor those of their central banks would be mentioned in this report.

Summary of key findingsGeopolitical escalation is the most significant risk that

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