What we of course need to be mindful of is that as central bank reserve managers we are custodians of public funds, and at all times have to be guided by prudent strategies which implies that there must be a limit to “thinking outside the box” in the quest for higher returns.
1  2  ETF Daily News, Central Bankers trust gold more than money, 25 October 2013. BIS central bankers’ speeches  3. What has South Africa been up to? In managing its reserves, the South African Reserve Bank continues to adhere to the three main objectives: capital preservation; liquidity and return, in that order of importance.