Central banks may diversify reserves for portfolio management but not for traditional reserve functions.

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President JONATHAN has established an economic team that includes experienced and reputable members and has announced plans to increase transparency, diversify economic growth, and improve fiscal management.

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Deals struck at the peak of the market comprise about a quarter of KKR's private-equity assets under management, while the company's efforts to diversify have yet to make much of an impact.

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These days, the rich diversify their capital to cover the globe as well as every style of money management.

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He said a healthy economy was vital to "the survival of attractive, ordinary countryside, but as farmers diversify, it is crucial that new businesses enhance their rural setting and help sustain the management of the land".

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In the current economic conditions, amid much uncertainty while the financial markets recover, indexed investments diversify the risk associated with investing in fewer specific assets and cost less to the investor than active management strategies.

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