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Risk Management for Central Banks and Other Public Investors

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 | #2660854 in eBooks |  2009-01-15 |  2009-01-15 | File type: PDF

|| |of the hardback: 'How should public institutions - central banks in particular - approach investment and risk management? What should be similar to private asset management, and crucially, what should be different and why? Such important questions have recei

Domestic and foreign financial assets of all central banks and public wealth funds worldwide are estimated to have reached more than 12 trillion US dollars in 2007. How do these institutions manage such unprecedented growth in their financial assets and how have they responded to the 'revolution' of risk management techniques during the last two decades? This book surveys the fundamental issues and techniques associated with risk management and shows how central banks an...

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