The Use of "Asset Swaps" by Institutional Investors in South Africa

The Use of "Asset Swaps" by Institutional Investors in South Africa

Leading financial economists have proposed the use of international asset swaps (Merton 1990, Bodie and Merton 2002) as a way of efficiently achieving international diversification without eroding the level of foreign exchange reserves and weakenin...

Full description

Bibliographic Details
Main Author: Dimitri Vittas
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ACCOUNTING
ANNUITIES
ASSET MANAGEMENT
ASSETS
BONDS
CAPITAL FLIGHT
CAPITAL FLOWS
CAPITAL MARKETS
CENTRAL BANK
CLEARING ARRANGEMENTS
COLLATERAL
CONTRACTUAL SAVINGS
CREDIT RISK
DEBT
DIVESTMENT
DIVIDENDS
ECONOMIC PERFORMANCE
EXCHANGE TRANSACTIONS
EXPECTED RETURN
EXPROPRIATION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SYSTEMS
FOREIGN COMPANIES
FOREIGN CURRENCY
FOREIGN EXCHANGE RESERVES
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN SECURITIES
GDP
HOUSING
INCOME
INFLATION
INSURANCE
INSURANCE COMPANIES
INSURERS
INTEREST RATE
INTEREST RATE SWAPS
INTEREST RATES
INVESTMENT BANKS
LIFE INSURANCE
LIFE INSURANCE COMPANIES
LIQUIDITY
MACROECONOMIC POLICIES
MUTUAL FUND
MUTUAL FUNDS
PENSION FUND INVESTMENTS
PENSION FUND PORTFOLIOS
PENSION FUNDS
PORTFOLIO
PROVIDENT FUNDS
PURCHASING POWER
REINSURANCE
SADC
SANCTIONS
STOCKS
SWAP ARRANGEMENTS
SWAPS
TAXATION
TRANSPARENCY
TRUSTS
VALUATION ASSET SWAPS
DIVERSIFICATION
CURRENCY MARKETS
TRANSACTION COSTS
REGULATORY ENVIRONMENTS
LOCAL MARKETS
BASKET OF CURRENCIES COMPOSITION
LIQUIDITY (ECONOMICS)
COUNTERPART FUNDS
ACCOUNTING STANDARDS
VALUATION
RISK MANAGEMENT
SWAP TRANSACTIONS
EXCHANGE CONTROL REGULATIONS
PESNION FUND MANAGEMENT
INSTITUTIONAL INVESTORS
Online Access:http://documents.worldbank.org/curated/en/2003/12/2860750/use-asset-swaps-institutional-investors-south-africa
http://hdl.handle.net/10986/17644

Internet

http://documents.worldbank.org/curated/en/2003/12/2860750/use-asset-swaps-institutional-investors-south-africa
http://hdl.handle.net/10986/17644

Similar Items