"External management reserve: overview and performance of major asset c" by Mujtaba Muhammad Farouk and Abdurrahman Abdullahi

Bullion

Title

External management reserve: overview and performance of major asset classes for the period 2000-2016

Authors

Mujtaba Muhammad Farouk, Central Bank of NigeriaFollow
Abdurrahman Abdullahi, Central Bank of NigeriaFollow

Keywords

Reserves management, Asset classes, Central banks, Foreign exchange reserves, External management reserve

Abstract

This paper discusses in detail, various asset classes available to both active and passive reserves managers and analyse the performance of the asset classes held mostly by central banks. Following an introduction, the paper is structured as follows: Section two reviewed literature on reserves management, including motives and what guides the decisions of the investment committee in determining asset classes. Section three analysed the various asset classes that reserves managers invest in, while section four evaluates the major central banks' asset classes' performance over the lost fifteen years covering the period before and after the 2008 global financial crisis. Section five concludes the paper.

Author Bio

The authors are staff of Reserves Management Department, Central Bank of Nigeria.

Publication Title

CBN Bullion

Issue

Volume

Recommended Citation

Farouk, Mujtaba Muhammad and Abdullahi, Abdurrahman (2016) "External management reserve: overview and performance of major asset classes for the period 2000-2016," Bullion: Vol. 40: No. 1, Article 1.
Available at: https://dc.cbn.gov.ng/bullion/vol40/iss1/1

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