Is active management of mandatory pension funds in Croatia creating value for second pillar fund members?
This paper analyses Croatian mandatory pension funds’ investment returns during the 2005-2014 period using performance attribution methodology. Results from active investment management are compared to a long-term policy return. Such analysis is essential to shed light on the contribution of active...
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Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2015-09-01
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Series: | Financial Theory and Practice |
Subjects: | |
Online Access: |
http://fintp.ijf.hr/upload/files/ftp/2015/3/matek_radakovic.pdf
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