Reserve managers should be ready for new asset classes – panel
Central banks can prepare now for change in market conditions, say Autumn Meetings panellists
Reserve managers may be confronted with low spreads and high valuations in most asset classes, but they can still prepare now for when conditions change, panellists at the Central Banking Autumn Meetings said on November 14.
Speakers at the discussion in Mexico City, which took place under the Chatham House rule, said diversification was a nice idea in theory, but that it could be challenging to find any suitable assets to buy.
There was broad consensus on the panel of central bankers and private
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