RAMP primarily serves central banks, sovereign wealth funds, public pension funds, and international financial institutions. With over 70 members, RAMP continues to serve institutions around the world.
Your institution is welcome to reach out to our team if you have any questions about joining the program. A dedicated engagement manager will make an initial assessment and walk you through the simple process.
RAMP's advisory services include onsite & virtual missions, direct member discussions, RAMP's Benchmarking Analysis Tool (BAT), and assistance with presentations to boards. Members also gain access to to over 70 years of institutional knowledge and receive institution-specific support, including: governance & legal, strategic asset allocation, portfolio management, operations & accounting, risk management, and technology & systems.
RAMP operates on a non-commercial basis, while providing trusted guidance and feedback. RAMP achieves this by acting as a sounding board to members and by providing recommendations. RAMP assists members at all levels, from staff to board.
Members gain access to RAMP's robust technical workshop held year-round and also:
Members benefit from fully sponsored licenses, certifications and courses and also:
Members collectively create a first-class and a one-of-a-kind network where members interact, share, and develop new ideas—all with a development impact. Members also:
Members can receive dedicated, custom resources to address institution-specific issues. Members also:
Members join because the above-market cost-savings for their staff. RAMP operates on a cost-recovery basis that allows for training for member staff. Many members remain the program to continue access to staff development resources.
Members join a platform by which they can share their expertise with other institutions and deepen their knowledge in a particular field. Members can the next step and share experiences and demonstrated expertise in a particular topic, in a mutually beneficial way.
In 2019, the Bank of Albania co-hosted the workshop, Legal Aspects of Governance and Asset Management, bringing together RAMP members of a robust and lively discussion of their experiences.
Prospective members work closely with a dedicated engagement manager to determine the approach that best fits the institution’s needs.
RAMP provides three membership options and a dedicated engagement manager, with each engagement plan lasting typically three years.
| U.S. Treasury Short-Duration Mandate | Global Government Bond | U.S. Agency Mortgage-Backed Securities Mandate |
Investment Objective | Generate consistent, moderate returns over the benchmark with a low level of tracking error | Generate consistent returns over the benchmark with a low level of tracking error | Generate consistent returns over the benchmark with a low level of tracking error |
Benchmark | Market-standard short-duration U.S. Treasury indices | Multi-currency global government bond indices with short-to-medium duration, customization of market indices is optional
| Market-standard U.S. Mortgage-Backed Securities (MBS) Index |
Eligible Assets | U.S. Treasury Notes, agency debentures, supranational debt, sovereign debt, covered bonds, short-dated bank deposits, CDs, CP and FRNs, and USD ETFs | Government bonds, supranational debt, sovereign debt, covered bonds, short-dated bank deposits, CDs CP and FRNs, exchange-traded futures and options, FX forwards, repos
| U.S. Agency MBS, TAs, and debentures, U.S. Treasuries, and short-dated bank deposits |
Risk Limits | Duration deviation limit versus benchmark is +/- 3 months, no FX risk, and consultative stop loss limit is 50 basis points | Duration deviation limit versus benchmark is +/- 6 months, limited credit & FX risk, and consultative stop loss limit is 100 basis points
| Duration deviation limit versus benchmark is +/- 6 months; Minimum MBS exposure is 85%; Maximum MBS/Agency exposure is 130%; maximum bank exposure is 30%; no FX risk; and consultative stop loss limit is 100 basis points
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RAMP offers a robust technical workshop calendar year-round. Members can choose to participate in over 25 week-long practice-oriented technical workshops held each year. Led by seasoned Treasury practitioners, they target most functions and levels across areas of expertise, including: policy and governance, asset allocation, risk and performance, portfolio management, legal, and accounting and operations.
