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Performance persistence of Spanish pension funds : the best winners and losers usually repeat

Seção: Artigos
Título: Performance persistence of Spanish pension funds : the best winners and losers usually repeat / Luis Rerruz, Luis Vicente and Laura AndreuAutor: Ferruz, Luis
Notas: Sumario: 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 approachRegistros relacionados: En: The Geneva papers on risk and insurance : issues and practice. - Genève. - nº 4, vol. 32, October 2007 ; p. 583-594Materia / lugar / evento: Planes de pensiones Sistemas de pensiones Matemática del seguro Evolución del seguro Mercado de seguros España Otros autores: Vicente, Luis
Andrea, Laura
Títulos secundários: Título: The Geneva papers on risk and insurance
Outras classificações: 345
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