Results 261 to 270 of about 188,438 (312)
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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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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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PALMNET: A Pension Asset and Liability Model for the Netherlands
SSRN Electronic Journal, 2004This study presents a pension model geared to the typical pension contract in the Netherlands. It is based on a defined benefit/average earnings pension system. Nominal benefits are guaranteed and indexation is intended. The model provides a framework for analysing adjustments to such factors as the asset mix, retirement age, returns and the method of ...
M.C.J. van Rooij +2 more
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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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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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Rethinking Pension Liabilities and Asset Allocation
The Journal of Portfolio Management, 2002The objective of a defined-benefit pension fund9s asset allocation policy should be to fully fund accrued pension liabilities at the lowest cost to the plan sponsor, subject to sensible risk. A major risk plan sponsors face is that higher contributions will be required should the asset portfolio not be constructed properly.
Ronald J. Ryan, Frank J. Fabozzi
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Asset Allocation Dynamics of Pension Funds
SSRN Electronic Journal, 2016How does portfolio of long-term investors like pension funds change relative to the stated strategic portfolio? We investigate their portfolio dynamics using an international database that spans over 20 years and focus on portfolio rebalancing. We find that a significant proportion of the change in the weight of equity is related to passive change in ...
Dennis Bams +2 more
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Optimal asset management for pension funds
Managerial Finance, 2006PurposeThe purpose of this paper is to study the asset allocation problem for a pension fund which maximizes the expected present value of its wealth augmented by the prospective mathematical reserve at the death time of a representative member.Design/methodology/approachThe paper applies the stochastic optimization technique in continuous time.
MENONCIN, Francesco, SCAILLET O.
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