Feeling the heat of high inflation and weakening global growth, central bank reserve managers are steering the investment world through stormy seas. Massimiliano Castelli, head of strategy and advice, global sovereign markets at UBS Asset Management, joins Taylor Pearce, senior economist at OMFIF, to discuss the investment landscape for reserve managers, currency and asset allocation strategies and the pressure to weave geopolitics, sustainability and other factors into investment decisions.
For more on this subject, read Castelli and Philipp Salman, director of strategy and advice, global sovereign markets at UBS Asset Management, on ‘A new concept for reserve management’.