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Return-risk profile of Slovak pension funds

Author

Listed:
  • Boena CHOVANCOVÁ

    (Professor Ph.D.; University of Economics; Bratislava; Slovakia;)

  • Jaroslav HUDCOVSKÝ

    (Engineer Ph.D.; University of Economics; Bratislava; Slovakia)

Abstract

The pension fund management companies in the Slovak republic create and manage four types of pension funds. For deeper analyze is necessary to examine individually all type of pension funds. The most important indicator for pension fund participants is the revenue of the investment. Revenues of the fund's assets portfolio may be determined by dividends, interest rate, premium or net capital profit (loss) based on the situation of the price of securities. On the other hand, the risk and active measures taken for its elimination are essential for a pension fund manager. The result of this paper is comparison return-risk profile among Slovak pension funds.

Suggested Citation

  • Boena CHOVANCOVÁ & Jaroslav HUDCOVSKÝ, 2016. "Return-risk profile of Slovak pension funds," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2016(27), pages 94-106, Decembre.
    • Handle: RePEc:rom:rampas:v:2016:y:2016:i:27:p:94-106
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    References listed on IDEAS

    as
    1. Robert Holzmann & Ufuk Guven, 2009. "Adequacy of Retirement Income after Pension Reforms in Central, Eastern, and Southern Europe : Eight Country Studies," World Bank Publications - Books, The World Bank Group, number 2610.
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    3. Martin Feldstein, 1998. "Privatizing Social Security," NBER Books, National Bureau of Economic Research, Inc, number feld98-1.
    4. Armenia Androniceanu & Irina-Virginia Drăgulănescu, 2012. "Sustainability of the Organizational Changes in the Context of Global Economic Crisis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 365-379, June.
    5. Mr. N. A. Barr, 2000. "Reforming Pensions: Myths, Truths, and Policy Choices," IMF Working Papers 2000/139, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    return; risk; Slovak pension funds; standard deviation.;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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