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More on central bank purchases of stocks: It's a quest for yield as a survey shows 23% saying...

Apr. 25, 2013 1:32 PM ETBy: Stephen Alpher, SA News Editor12 Comments
More on central bank purchases of stocks: It's a quest for yield as a survey shows 23% saying they own shares or plan to buy them. The SNB - furiously buying up euros for the last 2 years - has taken the money and boosted its equity holdings to about 12% of reserves. The BOJ plans to double its holdings of equity ETFs to $35.2B. Not participating (yet) are the Fed and BOE - neither with a mandate to own shares directly.

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