This paper sets out a new approach to sovereign wealth and risk management, based on
the theory of contingent claim analysis (CCA). To manage sovereign risk, it is essential to …

This paper evaluated the extent to which pension funds in Zambia are growing member
contributions to inform the behavior of fund managers, policymakers, and prospective …

Investors all over the world and most especially pension fund managers will all the time try to
reduce risk and achieve higher returns as well. The managing of an investment portfolio …

El sistema pensionario en México opera actualmente a través de cuentas individuales en
donde el trabajador, el patrón y el gobierno aportan un porcentaje del salario a la cuenta de …

The industrialized world has experienced a demographic shift that is straining public
pension systems. Employer‐sponsored pension plans change from defined benefit to …

he proposition to introduce life-cycle investment strategy as a default option in second
pension pillar in Lithuania is currently being intensely discussed as a measure to solve the …

Sažetak In the present study, we make an effort to enhance the practical advantages of the
life-cycle pension model. We observe that previous studies are based on a “switching” …

China has recently undergone extensive reforms in its basic urban old-age pension policy,
which intends to benefit all urban workers, including internal rural-to-urban migrant workers …

This paper addresses management of sovereign wealth from the perspective of the theory of
contingent claims. Starting with the sovereign's balance sheet, we frame sovereign fund …

Darbe ištirtos ir remiantis pasirinktais kriterijais tarpusavyje palygintos dvi pensijų sistemos–
jeigu nuo 2013 m. būtų atsisakoma II pensijų pakopos, o gyventojų pajamas senatvėje …