Rethinking equity investing at the National Bank of Austria post-2020

Franz Partsch

Equities are, in the main, relatively new to reserve management. They are not new to reserve managers, of course, as they have been analysing them as part of their work to better understand markets for decades, and also in some cases through their involvement with their central bank’s pension fund. That was the case in Austria, where we started to introduce equities into our pension funds at the National Bank of Austria around 25 years ago. Then, in the light of the 2008 crisis and with the need for further diversification, we introduced equities into our reserve portfolios. We gradually

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: