Colombia culls external reserve manager to boost competition

Central Bank of Colombia, Bogota — The Central Bank of Colombia: cut one asset manager whose performance was deemed weaker

Central Banking newsdesk
22 Jan 2020

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Central Bank of Colombia has cut the number of external asset managers handling its international reserves portfolio in a bid to foster greater returns.

In December 2018, the central bank worked with six asset managers, down from seven in December 2016, according to its twice-yearly report on international reserves management, published on January 17. The institution cut one asset manager whose performance was deemed to be weaker than the rest.

The cut did not entail a meaningful

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]