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Pension Claims and Corporate Assets
Financial Analysts Journal, 19784 Because a lender's entire principal is at risk, he cannot safely confine himself to looking at current flows. Rather he must ask how the value of his claim compares with what the underlying security could be sold for in foreclosure. This is true even when his loan is secured by the general credit of the borrower, in which case he must look to the ...
J.L. Treynor, P.J. Regan, W.W. Priest
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Valuation of Pension Fund Assets
Journal of the Staple Inn Actuarial Society, 1958It has been remarked on many occasions that whilst there is a plethora of material which has been contributed to the Institute and the Students' Society on the actuarial valuation of liabilities, the subject of valuation of assets seems to have been consistently overlooked by all save one or two authors.
D. F. Gilley, D. Funnell
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Optimal Asset Allocation of Assets in an Open Pension Plan
International Journal of Financial Management, 2015Given the generally long term nature of pension plans, the behavior of the market plays a crucial role in making a pension plan able to meet its obligations. Regardless of the market performance, the structure of the benefits remains the same, unless they are negotiated to be at a different level.
Maneesh Sharma +2 more
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Asset Allocation Dynamics and Pension Fund Performance
The Journal of Business, 1999Using a data set on more than 300 U.K. pension funds' asset holdings, this article provides a systematic investigation of the performance of managed portfolios across multiple asset classes. We find evidence of slow mean reversion in the funds' portfolio weights toward a common, time-varying strategic asset allocation.
Blake, David +2 more
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Pension Liabilities and Assets.
The Accounting Review, 1968Abstract The outlines an accounting theory approach to the problem of determining the appropriate times to record the employer's pension expense. In the proposed approach, the expense timing problem becomes a problem of asset and liability measurement.
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Research on the Pension Investment and Asset Management
Advances in Economics, Management and Political Sciences, 2023The study explored how to develop a pension investment portfolio and analyzed solutions for special cases. We first reviewed the global context of pension investment and emphasized the crucial role of pension in financial planning. Subsequently, we specifically analyzed the "firefighter case" and decided whether to choose "one-time payment" or "fixed ...
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The Appropriate Comparison of Pension and Non-Pension Assets in Divorce
Journal of Forensic Economics, 2000Abstract No abstract available.
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