Bank of Israel: Integrating Equities into the Foreign Exchange Reserves

Andrew Abir, Golan Benita

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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 languageEnglish
Title of host publicationAsset Management at Central Banks and Monetary Authorities
Subtitle of host publicationNew Practices in Managing International Foreign Exchange Reserves
PublisherSpringer International Publishing
Pages399-416
Number of pages18
ISBN (Electronic)9783030434571
ISBN (Print)9783030434564
DOIs
StatePublished - 1 Jan 2020
Externally publishedYes

Bibliographical note

Publisher Copyright:
© Springer Nature Switzerland AG 2020.

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