HSBC Reserve Management Trends 2024
First published:
ISBN: 978 1 78272 993 8
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Interview: Jonas Stulz
Interview: Jonas Stulz
Executive summary
Trends in reserve management: 2024 survey results
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Appendix 1: Survey questionnaire
Appendix 2: Survey responses and comments
Appendix 3: Reserve statistics
Christopher Jeffery spoke with the head of portfolio management and deputy head of asset management at the Swiss National Bank on March 5, 2024.
The Swiss National Bank (SNB) is one of the most diversified central bank reserve managers in the world. What is the current breakdown of your foreign exchange reserves, and how has that changed versus a year earlier?
The breakdown of our reserves has been relatively stable over the last couple of years. Obviously, there are some fluctuations on the tactical and the implementation levels, but much less for the investment strategy. The current breakdown
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