Studies on the Management of Corporate Pension Funds and Stock Market Volatility PDF Download

Author: Young Sun Ghauh
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 190

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Author: Young Sun Ghaug
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Author: Pulle Subrahmanya Srinivas
Publisher: World Bank Publications
ISBN: 9780821344880
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
" "Draconian" regulations have created distortions in asset management, limited opportunities for diversification, and, as a consequence have hampered, the performance of pension funds." This volume shows that the return to retirement assets, expected replacement rates, and, hence, the net welfare gain from pension reform is lower under a draconian regulatory framework than under a more liberal pension fund investment regime. Important policy conclusions of the paper are that existing regulatory regimes should be liberalized as soon as possible to allow pension fund investments in a wider array of financial instruments and that regulations should require evaluation of pension fund performance against market benchmarks as opposed to exclusive focus on comparisons with industry averages. The paper also suggests a review of the current structure of the private pension fund industry in Latin America and an evaluation against alternatives in the light of actual performance experience.

Author: Dennis E. Logue
Publisher: A E I Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

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Evaluation study of the financial management of enterprise level pension funds during the 1970s inflation in the USA - discusses investment returns from shares, real estate and commoditys; concludes that stable, balanced investments fared better than attempts to forecast financial market trends. References and tables.

Author: Steven A. Berkowitz
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 160

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This study examines whether pension plans achieved satisfactory investment results when compared to conventional market indexes. It also covers the impact of factors such as risk, turnover and investment allocation policy on performance. . . . Pension plan managers and accountants who audit or advise them will be most interested in obtaining this book, as will academics doing research on pension plan performance. Journal of Accountancy The authors argue that the principle causes of the poor performance record of pension plan investments are frequent portfolio reallocations and high turnover. They show that these twin strategies act more to incur unnecessary costs than to enhance profits. They proceed to develop a new concept for pension fund diversification, one that will achieve the goals the present strategies have failed to achieve. Must reading for pension fund executives, corporate money managers, and bank trust officers, this book is also a significant addition to the finance and investing curriculum.

Author: Keith P. Ambachtsheer
Publisher: John Wiley & Sons
ISBN: 9780471246558
Category : Business & Economics
Languages : en
Pages : 264

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Neue Ideen für mehr Erfolg! Alles, was ein Manager über Rentenfonds wissen muß - die Zusammenstellung effektiver Fonds, ihr Management, die optimale Wertsteigerung - wird hier anhand in- und ausländischer Fallbeispiele eingängig erklärt. Nutzerfreundlich werden die wichtigsten Schritte in Übersichten zusammengestellt. Verschiedene moderne Ansätze zum Rentenfondsmanagement werden kritisch bewertet.

Author: Clay B. Mansfield
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 224

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For all pension fund decision makers, including directors, trustees, and staff members, as well as investment managers, actuaries, consultants, and beneficiaries, shows how to use common sense to manage pension assets and liabilities at the lowest cost to contributors and at the lowest risk of nonpayment of benefits to the plan participants. Annotation copyright by Book News, Inc., Portland, OR

Author: Hazel Bateman
Publisher: Edward Elgar Publishing
ISBN: 1847202829
Category : Business & Economics
Languages : en
Pages : 253

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The past few decades have witnessed a global move towards private provision for retirement through individual defined contribution pensions at the expense of publicly provided and employer-sponsored defined benefit pensions. As a consequence, workers and retirees are becoming increasingly exposed to uncertainties in financial, labour and economic markets. The contributors to this book analyse the implications for retirement income policy, workers and retirees in view of the current climate of heightened exposure to scary markets. The implications of a broad range of scary market scenarios are presented, and novel solutions prescribed. Retirement incomes across a number of countries including the US, the UK, Japan and Australia are explored, and uncertainties examined include: extreme stock price volatility; discontinuous labour market participation; and regulatory failure and macroeconomic instability. Concluding with the observation that regulatory reforms could be almost as scary as the underlying macroeconomic conditions, this book will prove a fascinating read for scholars, researchers, practitioners and policymakers with an interest in pensions and pension policy, financial economics and public sector economics.

Author: Sidney Cottle
Publisher: Irwin/McGraw-Hill
ISBN:
Category : Business & Economics
Languages : en
Pages : 308

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Author: Keith P. Ambachtsheer
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 186

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