HSBC Global Asset Management discusses central bank reserve management, providing details on FX reserves, duration management, credit risk, and views on multiple asset classes.
Currency Markets Outlook
A quarterly review of results in the global equity, fixed income, currency, and commodity markets.
Year-end 2018 was the antithesis of the close-out in 2017. While investors reveled in large equity gains and low volatility the year before, 2018 brought the misery of steep losses and high levels of…