Home Banking Outlook 2021: Digital dynamism will fuel Asia’s outperformance, What next for reserve managers?

Outlook 2021: Digital dynamism will fuel Asia’s outperformance, What next for reserve managers?

by admin

Outlook 2021: Digital dynamism will fuel Asia’s outperformance, What next for reserve managers?

.

Tuesday 22 December 2020 – Vol.11 Ed.52.2

Outlook 2021: Digital dynamism will fuel Asia

.

By Taimur Baig in Singapore

From digital bank license approvals in Singapore to the roll-out of the e-RMB initiative in China, digital finance picked up momentum in Asia through the year of the pandemic. Just like the rest of the world, the pace of e-commerce adoption soared as consumers and businesses favoured remote transactions. We expect 2021 to be a year of Asian outperformance. Digital finance developments will be a constant, adding dynamism to the world’s growth engine.

Read the full commentary on the website.

Outlook 2021: What next for reserve managers?

By Massimiliano Castelli in Zurich

Over the last decade reserve managers have increased diversification. A growing number of central banks are now investing across a wider range of asset classes. The sharp market sell-off in February was the first big test of market stress faced by reserve managers since the 2008 financial crisis. And it was passed. Diversification away from government bonds has been a winning strategy so far. But interest rates in the US and euro area will remain low, leading to a fall in returns on reserves as the fixed income boom ends.

Read the full commentary on the website.

You may also like

Leave a Comment