Management of reserve assets
Historical perspective
The practice of reserve management by central banks has changed significantly over the last ten years. Once characterised by passive shortterm investment strategies to preserve principal value and maintain maximum liquidity, many central banks now make more active use of a broad range of instruments. They have extended portfolio durations, and have developed performance benchmarks. SAMA is entrusted with managing the government's foreign assets. The investment committee
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The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.