MAP20071508973Ferruz, LuisPerformance persistence of Spanish pension funds : the best winners and losers usually repeat / Luis Rerruz, Luis Vicente and Laura AndreuSumario: In this paper is analyzed the persistence phenomenon on the returns obtained by Spanish equity pension funds in the period 1999-2006, an unexplored topic in the Spanish financial market, one of the most emerging pension fund industries in the European Union. Authors provide evidence fro a short-run persistence in some of the yearly periods analysed by using a contingency table approachEn: The Geneva papers on risk and insurance : issues and practice. - Genève. - nº 4, vol. 32, October 2007 ; p. 583-5941. Planes de pensiones. 2. Sistemas de pensiones. 3. Matemática del seguro. 4. Evolución del seguro. 5. Mercado de seguros. 6. España. I. Vicente, Luis. II. Andrea, Laura. III. Título. IV. Título: The Geneva papers on risk and insurance.
