| Titre : |
Towards the effective Asset Allocation and Risk Management of Pension Funds- Applied cases in Emerging Markets : Case Analysis: Chilean and Colombian Pension Funds systems |
| Type de document : |
Mémoire |
| Auteurs : |
Angélica SALINAS, Auteur |
| Année de publication : |
2019 |
| Importance : |
34 p. |
| Note générale : |
Pour accéder aux fichiers PDF, merci de vous identifier sur le catalogue avec votre compte Office 365 via le bouton CONNEXION en haut de page. |
| Langues : |
Anglais (eng) |
| Mots-clés : |
Management
FINANCE DE MARCHE ; INVESTISSEMENT ; REGULATION ; CHILI ; COLOMBIE
|
| Résumé : |
Regulation is associated with restrictions over the investment universe. Depending on the vulnerability , risk and profile in general , the regulatory framework tends to go from flexible to very strict and severe .One of the biggest institutional investors, that could be considered as encompassing a very defined regulation are pension funds, due to its nature as future retired income providers. However , it arises the possibility of widening the investment universe, specially for most regulated countries such as emerging markets. This paper, looks to stablish the impact of allowing a more flexible regulatory framework for pension funds asset allocation in emerging markets, applied to Chilean and Colombian cases. The positive impact of diversification and risk- return enhancement must be considered , as well as the effects that flexible regulation could generate within local capital markets. The analysis head to confirm that even if completely discretionary assets allocation for emerging markets is not the best solution it is possible to define a better assets allocation that improve the risk - return relation for investors and collaborate with the county’s economic development. |
| Note de contenu : |
PGE: Bibliogr.P. 32-34 |
| Programme : |
PGE-Rouen |
| Spécialisation : |
Finance de marché - Financial markets, Assets and Risk Management |
| Permalink : |
https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=497046 |
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Towards the effective Asset Allocation and Risk Management of Pension Funds- Applied cases in Emerging Markets / 2019 
