Abstract
Recently a number of central banks, including the Bank of Israel (BOI), have started to add risky assets such as equities to the traditional investment assets. This chapter elaborates on BOI’s motivations to add equities to its portfolio, describes the process of its move into investing in equity, and reports on the contribution of equity investment to its portfolio performances. This chapter also describes the BOI investment philosophy, which has guided its investment decisions in the process of moving into equity.
| Original language | English |
|---|---|
| Title of host publication | Asset Management at Central Banks and Monetary Authorities |
| Subtitle of host publication | New Practices in Managing International Foreign Exchange Reserves |
| Publisher | Springer International Publishing |
| Pages | 399-416 |
| Number of pages | 18 |
| ISBN (Electronic) | 9783030434571 |
| ISBN (Print) | 9783030434564 |
| DOIs | |
| State | Published - 1 Jan 2020 |
| Externally published | Yes |
Bibliographical note
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